Apple Inc., ( $AAPL ) is one of the best stock to buy and offering possible buying price between $196.89- $206.73, as of June 19th , 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a solid run in early part of this year.
3. It lost ground and gave up almost all the gains lead by a heavy volume sell off.
4. The stock finally bounced back with a heavy volume accumulation.
5. It also regained the key 50 day moving average support that it lost during the sell off.
6. The potential buying price would be $196.89 – $206.73 with a stop loss at $181.14.