Technical Analysis – Apple stock feels the virus pain too; could extend losses below 234.00
Apple’s stock has been trending downwards since the peak at an all-time high of 327.70, losing as much as 24%. On Wednesday the company unveiled new products but the virus situation kept traders cautious, with the stock unable to rebound above the 200-day simple moving average (SMA). In the momentum indicators, the RSI and the MACD have […]