What's Up With Apple Stock Heading Into The Week? A Technical Analysis
Portfolio Pulse from Melanie Schaffer
Apple Inc. (NASDAQ:AAPL) closed 0.59% lower on Friday, falling back into a rising channel pattern. Despite the retracement, Apple looks set to continue higher in the short term. The company's upcoming release of its $3,500 Vision Pro Headset could inflate bullish Apple trader’s heads. However, the pattern can be bearish in the long term. Ahead of the Federal Reserve’s decision on interest rates, volatility in the stock market may increase. Traders wishing to trade the volatility can use MIAX’s SPIKES Volatility products.
July 10, 2023 | 12:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Traders wishing to trade the volatility in the stock market can use MIAX’s SPIKES Volatility products.
The article mentions that traders can use MIAX’s SPIKES Volatility products to trade the volatility in the stock market. This could impact the performance of SPIKE.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Apple's stock fell but is expected to rise in the short term. The release of the Vision Pro Headset could boost bullish sentiment. However, the stock's pattern could turn bearish in the long term.
The article mentions that Apple's stock fell but is expected to rise in the short term, especially with the release of the Vision Pro Headset. However, the stock's pattern could turn bearish in the long term, which could impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100