Today’s instrument is one of the tech giants, the Apple stock traded in Nasdaq under the ticker AAPL.
Looking at Apple’s chart, we can see it is in an upward trend currently traded at around $152.95.
This week it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we could expect its price to rise towards its resistance level at around $155.80-156 otherwise it should fall towards its support level at around $148.
(Click on image to enlarge)
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