country flagالعربية
0

Apple Daily Technical Analysis | 1 February 2018

2018-02-01 10:04 am | Resource: Technical Analysis Section | No Views : 399

Apple shares re-test the bullish trend line that broke it on the interval 240 minutes during yesterday's trading as a result of the bear's pressure on the American stock.

 Apple Daily Technical Analysis | 1 February 2018

Currently, our neutral view of the US stock is due to the lack of confirmation of the break of the ascending trend line, the simple moving average and the slow moving average moving negatively.
Rate of change 12 Break the trend line during the last week and currently trading in areas of saturation selling.
It is expected that if the US Smart Electronics shares break below $ 164.80, it might target $ 157.25, while in the case of a breach of 168.14 the stock might target $ 177.03.
Support: 164.80 - 155.86 - 149.49
Resistance: 170.09 - 177.80 - 186.02
Trend: Down



Other news

Wall Street shares markets open lower after Saudi Aramco attack

Shares on Wall Street began the first trading session of the week low after an attack on two facilities of Saudi Aramco, cutting the oil giant's production in half. The United States accuses Iran of being behind the attack, while Tehran has denied the allegations. It is reported that the incident will delay the initial public offering of Aramco. At the same time, more than 49,000 GM workers began a…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.