Following up on the post from yesterday: “Dribbling AAPL to New Highs“, today the ball (AAPL share price) headed down and printed $154.7 at its the lowest point, which is merely 1.926% above the 181 day EMA line that closed at $151.72.
Looking at the last dip, the lowest point on October 4th, 2021 printed $138.27 while the 181 day EMA line closed at 135.61. The distance is – you guessed it – 1.924%.
Here’s today action:
Remembering that AAPL’s 22Q1 earnings report is scheduled for this Thursday, January 27, AMC, we’ll keep watching.