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FX.co ★ Technical analysis of Apple for February 23, 2022

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Forex Analysis:::2022-02-23T05:13:57

Technical analysis of Apple for February 23, 2022

Apple is still hovering close to its peak at 182.94. It should only be a matter of time before support at 154.70 is broken and a larger corrective decline begins towards at least 113.04 and Livermore's template. If so, Apple shares are likely to resume a downward movement.

But for now, keep an eye on support at 154.70 for the real "GO" for more corrective downside pressure to 113.04 and likely even lower.

Technical analysis of Apple for February 23, 2022

Analyst InstaForex
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