Apple (AAPL) August 27 trading preview

The whole area between 11.60 and 117.60 is the next resistance zone for AAPL shares. The “death cross” pattern (50-day SMA crossing below its 200-day counterpart) about to be completed is long-term bearish. The daily trend reversal level is $111.60.

AAPL

aapl4

Chart: Stockcharts.com