AAPL
has bounced off the trendline from January 2023 and has risen back above the 200-day SMA, currently at 182.49, while also remaining above the POC (Point of Control) at 177.44. However, it is still trading below the 50-day SMA. I would like to see AAPL climb back above the 50-day SMA, which is now at 190.65. As I've mentioned many times before, the $180 level is acting as a support/resistance flip zone, which is now where the trendline from January 2023 is at too.
AAPL
has bounced off the trendline from January 2023 and has risen back above the 200-day SMA, currently at 182.49, while also remaining above the POC (Point of Control) at 177.44. However, it is still trading below the 50-day SMA. I would like to see AAPL climb back above the 50-day SMA, which is now at 190.65. As I've mentioned many times before, the $180 level is acting as a support/resistance flip zone, which is now where the trendline from January 2023 is at too.