Technical analysis AAPL for 18.04.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument consolidates at the bottom of the cloud. The closest support is the level 163.85. The closest resistance is the level 168.00
Key levels
- 178.90, 172.20, 168.00, 163.85, 161.10, 156.90, 150.10
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 163.85, with Take Profit of 168.00 and Stop Loss of 161.10
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 161.10, with Take Profit of 156.10 and Stop Loss of 163.85