Apple: ⬆️ Buy
– Apple reversed from the support zone
– Likely to rise to the resistance level 180.00
Apple earlier reversed up from the support zone surrounding the long-term support level 170.00 (which has been reversing the price since the end of 2023) – standing very far below the lower weekly Bollinger Band.
The upward reversal from the support level 170.00 stopped the previous weekly downward impulse wave 3 from February.
Given the strength of the support level 170.00 and the oversold weekly Stochastic, Apple can be expected to rise to the next resistance level 180.00.
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