Apple Inc. (AAPL) Eliciting Secondary Buy Signal
Tuesday, March 29th, 2022
In this Wicked Stocks video analysis, we update you on APPL, which, after testing longer-term support several weeks ago, is now in the midst of eliciting a secondary buy signal that can play out through Q2.
Our most recent premium analysis is on Tesla Inc (TSLA). We also have an analysis on Apple Inc. (AAPL).
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2 Replies to “Apple Inc. (AAPL)”
zaid kazi
April 3, 2022fell below 174.84 time to short?
Travis Artac
April 4, 2022Typically you should wait for a settlement above or below support/resistance by a 1-3% margin to take action (we like the 1% margin), so last week, closing at or below 173.09 (1% below 174.84) is an actionable signal, so not quite, to answer your question. This week, the descending channel becomes 174.16. Look for a 1% violation of 174.16 on an intra-week/weekly basis.