Want to learn more about stock market read these tips.
Apple is preparing to dramatically change the image of its new IPhone X. As always it is surrounded by a bunch of new rumors about the design, filling and price. It predicts that this will be the most expensive smartphone and will be worth more than $ 1,000 at the release moment. And about IPhone 9 people say that it will have a folding or retractable display, the patent for which has recently received by Apple. From the middle of November last year, Apple shares continue to grow strongly, bringing income to investors. Here and now technical summary action offers us to buy and increase your profit at your forex broker. Earning per share of the company is 8.35 and before the opening of trading is expected to increase. Do not miss a moment to earn more.
The stock market, in contrast to the forex market, can boast at least some sort of trends and tendencies. If forex trading for a few days is in a sideways movement, with the exception of a few currency pairs, the US stock market rages and grows in many economic sectors. Our analysts attention being attracted by Apple's stock, as they are again accelerating uptrend and the price went up again to a new historical maximum. This is a good sign for investors of shares and traders specializing in the stock market to open new long positions on the trading instrument. Breakdowns of highs are a very good way to make money on speculation shares. Therefore, traders need to be fully prepared and ready to enter the market.
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
If the resistance level is broken you can use the following recommendation:
• Chart timeframe: H4
• The trade recommendation: Buy
• The level of entry into long position: 140.15
• The level of profit and close the position: 142.00 (185 pips)
Possible bearish movement in the breakdown of the support level 1228.00
Forex currency pair GBPUSD
Possible bearish movement in the breakdown of the support level 1.2240
Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 1.0110
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 113.50
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