Apple Wave Analysis – 9 April 2025

Apple: ⬆️ Buy

– Apple reversed from the support zone

– Likely to rise to the resistance level 180.00

Apple earlier reversed up from the support zone surrounding the long-term support level 170.00 (which has been reversing the price since the end of 2023) – standing very far below the lower weekly Bollinger Band.

The upward reversal from the support level 170.00 stopped the previous weekly downward impulse wave 3 from February.

Given the strength of the support level 170.00 and the oversold weekly Stochastic, Apple can be expected to rise to the next resistance level 180.00.

Source: https://fxpro.news