Apple 1 Day Analysis - Testing 21 EMA - Reasons to Buy and Sell

Hello Everyone, I'm new here but I will provide you with the best context for everyone without bias.

Apple has to reach oversold conditions in the daily chart at 81 RSI; it has a solid pattern since many investors love apple due to their return in equity and cash flow statement year after year.

• The stock has become oversold recently; this doesn't mean that it will start a bearish pattern. Instead, indicators are showing a continuous bullish trend since it has broken a new high during this difficult time of COVID 19.
  
  
• Apple has to correct a bit before it can go higher; the first support level is at $326. Look at the 21-Moving Average will see that is trying to catch up to the support level at $326. We can confirm this by support level at the starting off in 2020 to Feb.
  
  
• Our second indicator that confirms that it might test this level is our FIB- Retracement, The rule says if a solid stock it should bounce off the significant level at 0.382. The law only applies to solid stocks. We can confirm this by looking at the RSI, which is currently 63. By the time the RSI reaches 50, the price will be near the FIB retracement at 38.2%.
  Bullish stocks have an RSI between 85-50, an RSI of 50 means the stock is neither overvalue nor undervalue. It says its the correct price.
  
  
  The takeaway here is that if you were looking forward to buying an apple, you should see how it reacts the first moving Average at 21 if it drops below it. This means you should be able t get it for $300 at the 50-moving Average. The same if you are holding at a higher price, you should see how it reacts with the first support level before selling it.
  
  Trade safe and if there are other stocks you guys want me to perform an analysis, Drop it in the comment below.