AAPL and AMZN stocks weekly forecast Dec. 11th
This week we will be looking at two technology giants. We will explore Apple AAPL which is dominating the physical world with all kinds of computers, phones and gadgets. We will also be looking Amazon AMZN this week, who is online-retailer goliath. Technical analysis is what we do here at APA Zones we will not be looking at any fundamental news or indicators. We are looking at swing trade possibilities for these markets as the holiday season approaches.
On AAPL this week,
price has taken a slump from the highs. Price recently failed to break the high at 176. Therefore it has fallen back into a daily demand zone at 169.94 down to 165.28. I think that we could be seeing price fall all the way back down to 156, but this is contingent on price breaking the bottom of the daily demand zone at 165.28. Price has been in a little bit of a range here at the highs and if it breaks below 165. Then look out below. We are really waiting for price to break outside the range and as it comes down into this demand zone if you are bullish, which is the current direction of trend, then this could be a nice zone to buy from.
price has pulled back a little to the daily demand zone at 1125.96 down to 115.77. This was a great pullback zone and now I feel that price is going to give another good run up to the highs at 1213.41. This is simple a good pullback and nothing so far suggests otherwise. We could also see price range a while between 1125 and 1213 as the new year hits. Overall, this stock is in an uptrend and we are seeing a good pullback in the direction of trend. To suggest otherwise would be way too early.
Learn stock market Investing with One of the
Best Day Trading Courses
For almost a decade, APA Zones has been a leading trading software company with many satisfied customers. As a leader in zone trading, our software and trading team provides a comprehensive investment strategy learning experience. Simply put, we believe we are one of the best online trading academy’s online today. Contact us to learn more and see what the zones can do for you.
Get Free Trading Education
See what The Zones can do for you. New products and services coming soon, as well as our current quality products that are designed to help you in your quest to become a more pfroitable trader.