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FX.co ★ Technical analysis Apple for January 24, 2022

Technical analysis Apple for January 24, 2022

Technical analysis Apple for January 24, 2022

The last time we looked at Apple was on January 7. In that analysis we said, that a break below support at 167.47 will confirm that Apple has peaked and point 10 in Livermore's accumulation cylinder was complete and a larger decline now is in motion. The first target to look for is seen at 113.04 from where a temporary revival should be expected towards 138.50 before renewed downside pressure towards 91.46.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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