Apple Stock Price Levels to Watch After Earnings Report as iPhone Upgrades in Focus | Global News Avenue

apple(AAPL) On Friday morning, the company’s reported income exceeded expectations and said that customers were increasingly upgraded their iPhone to use AI functions.

Although the company has reported December of December decreased iPhone sales Due to China’s regulatory obstacles and its flagship Apple intelligence’s launch in other markets, the launch of the market has slowly launched, as the service revenue has soared, the profit in the first quarter exceeded the expectations.

Tim Cook, CEO Tim Cook More and more customers have upgraded the iPhone In the last quarter, I hope that with any previous period, with the foundation of the iPhone 15 and iPhone 16 users, Apple intelligence will “become the mainstream.” In April, Apple Intelligence will be provided in other languages, including French, German, Italian, Portuguese, Spanish, Japanese, Korean, simplified Chinese and localized English, and in Singapore and India.

Apple stocks have risen nearly 1 % in recent transactions to around $ 240. In the past 12 months, the stock has risen by 30 %, which is slightly higher than the S & P 500 index during this period.

Below, we decompose technology On Apple Weekly map And determine the key level of death that investors may be monitoring.

The wedge pattern on the focus rises

Apple’s stock is on the rise within 18 months Rising wedgeBefore the company’s quarterly report, the purchase interest was found near the lower trend line of the stock recently in the model.

This move and Relative intensity index (RSI) Required 50 thresholds earlier this month, indicating Price motivationEssence

Let’s take a closer look at Apple’s chart to determine the key elevated area to be seen. Support level Might Call backEssence

Key elevated area

In profit -oriented purchases, investors should first pay close attention to the $ 260 area. Stock confluence of Resist The area near the stock History high (ATH) The upper trend line of the rising wedge -shaped mode.

Predict where Apple shares may appear breakthrough At the top of ATH, we can use a strip diagram analysis. From April to December, this technology constitutes a higher price bar and re -position them from this week’s low point. The study shows that the potential high price is $ 350 merge If the price is rhyme at the stage.

We chose the previous trend movement, because it started from the rising wedge -shaped trend line, similar to the starting method of profitability of stocks.

The main support level of monitoring during the callback period

During the callback period, investors should initially follow the level of $ 235. Stocks may support the support of the field within the upper range of the integrated period formed on the chart in the upper range of the integrated period of the rising wedge model and July to October last year.

Finally, sales at a level below this level may make Apple’s stocks review around $ 218, and the region may find it. Entrance point The lower range of the merger period mentioned above is close, which is also similar to the 50 -week mobile average.

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As of the writing of this article, the author does not have any of the above securities.