Apple price extends losses - Forecast today - 19-04-2024

Apple’s stock price (AAPL) kept falling in the intraday levels, amid negative pressure from the 50-day SMA, coupled with negative signals from the RSI, amid the dominance of the downward correctional trend in the short term.

Therefore we expect more losses for the stock, targeting the first support at $159.78, provided the pivotal support of $165.67 was pierced. 

Trend forecast: Bearish