What is the support and resistance for Apple Inc. (AAPL) stock price?
AAPL support price is $312.55 and resistance is $323.33 (based on 1 day standard deviation move).
This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock will trade within this expected range on the day.
Apple is going to drop 5-10 dollars (my prediction)
goodluck trading!
( Hidden bearish divergence )
AAPL support price is $312.55 and resistance is $323.33 (based on 1 day standard deviation move).
This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAPL stock will trade within this expected range on the day.
Apple is going to drop 5-10 dollars (my prediction)
goodluck trading!
( Hidden bearish divergence )