Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Apple's stock rose in the intraday levels, trespassing the resistance of 211.72, while trading alongside the upward medium-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, especially if the resistance of 211.72 was breached, targeting the next one at 230.00.
Expected trend for today: Bullish