DKD
2021-04-05

$Apple(AAPL)$Apple closed on strong daily support at $123. Apple stock is trading above the commonly followed 8- and 21-day exponential moving averages and looks to be completing the right shoulder in a bullish inverted head-and-shoulder pattern. If Apple can clear the white descending trendline, and break the neckline of the inverted head-and-shoulder pattern, it has room to rise to $127.28, which is the next level of resistance on the daily chart.

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