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Brett Crowther dials up the chart for Apple (AAPL) following the iPhone makers rise to new all-time highs this week. He says the pop to the upside is curious as it hasn't had a lot of volume. On the 5-day chart, he indicates the rising RSI momentum could bring some more energy to this move. On a longer-term chart, he uses a line at $258 acting as an area of resistance over the past year with $245 as near-term support. Brett says an upward flag could suggest $280 as a possible test if the bullish move continues.
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By Schwab Network4.6
3737 ratings
Brett Crowther dials up the chart for Apple (AAPL) following the iPhone makers rise to new all-time highs this week. He says the pop to the upside is curious as it hasn't had a lot of volume. On the 5-day chart, he indicates the rising RSI momentum could bring some more energy to this move. On a longer-term chart, he uses a line at $258 acting as an area of resistance over the past year with $245 as near-term support. Brett says an upward flag could suggest $280 as a possible test if the bullish move continues.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about

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