JohnnyPurtoy98

APPLE retracement to take place

NASDAQ:AAPL   Apple Inc
The price seems to have hit a top, now it is time for a retracement. The RSI is showing the price to be overextended, this can be seen by the value being above 70. I believe the price would retrace back down to the previous resistance level. Apple have had a brilliant year and has become the first business to be valued above 1T dollars and I believe over the long term apple is going to keep growing, but for now I believe they would see a slight retracement.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.