Will AAPL rise towards its resistance level of $167.50?
|Today’s instrument is one of the tech giants, Apple Inc., whose stock is traded in Nasdaq under the ticker AAPL.
Looking at Apple’s chart, we can see it is in an uptrend and it was lastly traded at around $163.75.
Next week, it is announcing its quarterly earnings, and taking into account the other tech companies announced result, we could expect the market’s anticipation to be positive and therefore, it should rise towards the resistance level at around $167.50.
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