Apple Inc.

$AAPL Daily Chart Analysis

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AAPL has bounced off the trendline from January 2023 and has risen back above the 200-day SMA, currently at 182.49, while also remaining above the POC (Point of Control) at 177.44. However, it is still trading below the 50-day SMA. I would like to see AAPL climb back above the 50-day SMA, which is now at 190.65. As I've mentioned many times before, the $180 level is acting as a support/resistance flip zone, which is now where the trendline from January 2023 is at too.

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