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Next Resistance Level for Apple Inc (AAPL) is $184.65

By Nick Russo

Apple Inc (NASDAQ:AAPL) has opened bullishly above the pivot of $183.64 today and has reached the first level of resistance at $184.31. Analysts will be watching for a cross of the next upside pivot targets of $184.65 and $185.66.

Apple Inc (NASDAQ:AAPL) has potential upside of 6.3% based on a current price of $184.42 and analysts' consensus price target of $196.06. The stock should hit resistance at its 200-day moving average (MA) of $190.67, as well as support at its 50-day MA of $165.44.

In the past 52 weeks, Apple Inc share prices have been bracketed by a low of $142.00 and a high of $233.47 and are now at $184.42, 30% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

SmarTrend recommended that subscribers consider buying shares of Apple Inc on January 30th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $163.19. Since that recommendation, shares of Apple Inc have risen 12.6%. We continue to monitor AAPL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts apple inc

Ticker(s): AAPL