Raniawagdy

Apple buying pressure towards a critical resistance zone

Short
NASDAQ:AAPL   Apple Inc
Apple buying pressure towards a critical resistance zone of $170-$173, backed up by news that @AAPL is in talks to acquire streaming rights for big ten athletics and a possible lunch of their new USB-C case for iPhones.from a technical analysis view, AAPL managed to hold the $163 support zone with enough space to hit $170.20 level next, which expected to play as critical resistance area to stop the up move and bring some retreatment towards $163 level again, breaking there will open the down move continue towards next support level at $152-$151.


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