Apple stock analysis

Apple shares return to rise and test the resistance and the historical summit 353.88 after bouncing back at the beginning of the week's trading.

The price is right now, handing over the moving averages 7-20-50 is trading in a bullish path, which is a signal to return to the upside again after the bearish correction that started at the end of the week.

The stochastic oscillator supports the price for more gains after it formed a cross between its steps and started going up

If the support level holds, we will see a corrective rebound to the price, which will extend to the average level of 20 at the value of 328.34, which is the first level of support for the price.

The general trend is to the upside, subject to penetration of the resistance level.