Apple (AAPL) has been politely respecting its 181 day EMA since April 7th, 2020. That is when the share price recovery started, following the February-March 2020 pandemic related fall.
As of today, Apple’s share price is $162.41 and the direction is south. The 181 day EMA climbs up moderately and reached $151.61. The EMA line is 6.65% below the share price, and if AAPL gets there (or wherever the share price and the line will converge), then there’s a good chance it will bounce off the line, again, to new highs.
AAPL reports its 22Q1 earnings this week, on January 27, AMC.