• Return to Headlines

Look for Shares of Apple Inc to Potentially Pullback after Yesterday's 1.86% Rise

By Nick Russo

Apple Inc (NASDAQ:AAPL) traded in a range yesterday that spanned from a low of $232.31 to a high of $235.00. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $230.43 on volume of 14.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Apple Inc and will alert subscribers who have AAPL in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Apple Inc have traded between a low of $142.00 and a high of $235.00 and are now at $234.92, which is 65% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 0.7%.

Keywords: rebounders apple inc

Ticker(s): AAPL