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Watch for Shares of Apple Inc (AAPL) to Approach Resistance at $176.97

By Nick Russo

Shares of Apple Inc (NASDAQ:AAPL) opened today above their pivot of $175.61 and have already reached the first level of resistance at $176.40. Investors may be interested in a cross of the next upside pivot targets of $176.97 and $178.33.

Potential upside of 0.0% exists for Apple Inc, based on a current level of $0.00 and analysts' average consensus price target of $191.85. The stock should find initial resistance at its 200-day moving average (MA) of $130.69 and further resistance at its 50-day MA of $149.29.

In the past 52 weeks, shares of Apple Inc have traded between the current low of $0.00 and a high of $183.50 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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.

Keywords: pivot alerts apple inc

Ticker(s): AAPL