AAPL Support and Resistance Levels Into Apple’s 2Q Earnings Report

apple with world globe around itBy Andrew Nyquist     Momentarily, we will all be enlightened with insight into Apple Inc.’s (AAPL) business as they report their 2Q Earnings after the bell. It’s amazing that a stock down 40 percent from its highs can still garner this much attention. But, then again, here I am writing about AAPL, so that jokes on me.  I do not have a position into Tuesday’s earnings report but thought it would be interesting to quick publish charts looking at near-term and intermediate AAPL support and resistance levels.

I’ll let the charts speak for themselves, but note that the earnings report will likely create a large amount of volatility and it will take a few hours for the price to settle before AAPL support and resistance levels matter.  The anticipation is building… this should be interesting. Ideally, another washout lower would setup for a leg higher, that depends on the reaction!  Right now, AAPL stock is moving higher into the close.

Next up: Apple 2Q Earnings report… trade safe, trade disciplined.

AAPL Support and Resistance Charts

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SUPPORT LEVELS to watch:

aapl support and resistance

RESISTANCE LEVELS to watch:

aapl support and resistance

 

AAPL Monthly Chart:

aapl support and resistance

Twitter:  @andrewnyquist  and  @seeitmarket

No position in any of the mentioned securities at the time of publication.