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Apple Inc. (NASDAQ) Analysis, Chart, and Trading Idea

28.02.2023

Market Review

#AAPL
 



The stock is traded in the range between 365 and 135, with an upward direction. The descending truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 



Trading idea:

Buy at the breach of 49.11;

Stop-loss: 45.70;

Target price levels: 152.60, 156.25.

Author: GC
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