– Apple reversed from support level 180.00
– Likely to rise to resistance level 197.45
Apple recently reversed up from the strong support level 180.00, which stopped waves A and (b) of the previous ABC correction (2) from the middle of December.
The support level 180.00 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the sharp upward impulse wave (1) from October.
Given the clear daily uptrend, Apple can be expected to rise further to the next resistance level 197.45, previous monthly high from July, December and January.
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
The decline in EURUSD was driven by weak PMI figures, with France and Germany both…
Gold has reached record high in euro above 2600, and growing fast in dollar terms…
The crypto market is booming as the anticipation of regulatory changes grows. Bitcoin nears $100K,…
- GBPCAD broke support zone - Likely to fall to support level 1.7500 GBPCAD currency…
This website uses cookies