Apple
shares (NASDAQ:AAPL) are already in a bullish trend. The trend has been ongoing
for about 3 months and it is supposed to continue for the next several months (though
there may be pullbacks and pauses along the way).
The market
is moving above the EMA 21 and the Williams’s % Range period 20 is in an
overbought situation. Again, there may be pauses in the markets, but the bullish
movement will continue to play itself out.
Therefore,
pauses and occasional pullbacks should be viewed as opportunities to enter the
market at cheaper rates. The major outlook on Apple remains bullish.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Trading realities: Trading realities
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