AAPL March 20, 24: The Come Back?We have written 2-3 posts about NASDAQ:AAPL to find entry, you can see them in the related ideas section.
As the stock was (and still is) trading below its key moving averages: MA-50, 150, 200, we expected the stock to go down further from the price range $168 - $169.
However it did not happen like we expected. On March 20, NASDAQ:AAPL showed a strong session, though volume did not pick up yet. The stock closed at high, crossed above the resistance AND its moving average MA-20.
Therefore we started to enter the stock again here around the close.