The price of Apple shares this year rose by almost 60%, and it doubled in the last 12 months. The company's market capitalization - the largest on the U.S. stock exchanges - is 2.16 trillion dollars, and until recently, shares have repeatedly reached record highs.
Our Analysis:
While the price is above 117.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 125.00
- Take Profit 1: 128.60
- Take Profit 2: 138.00
Alternative scenario:
If the level 117.00 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 117.00
- Take Profit 1: 112.00
- Take Profit 2: 103.00
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