Apple Decentralized Stock Trading. Here is the technical analysis of the Apple stock that you can now trade in a decentralized manner.
Apple decentralized stock trading, is it possible?
Yes, absolutely, without KYC, without registration, but the best thing before starting is to always stay informed about what the price is doing and what it could do in the future.
Apple Decentralized Stock Trading
Apple ( AAPL ), my opinion:
My pivot points are located in the zones: Bullish: 156$ zone / Bearish: 143$ zone
My preference: bullish above the pivot point, bearish if we go back below this zone with volume.
The next resistances are in the 150$ area and then in the 156$ area.
The next support is in the 138$ area and 129$ area.
Comment: We are currently well below the 20 and 50 moving averages. This is a bearish sign, plus the 20 moving average is well below the 50, which is also very bearish.
Apple, technical analysis (daily):
Apple share price is 142.45 while AAPL 8-day simple moving average is 147.33, which is a Sell signal.
The stock price of AAPL is 142.45 while Apple 20-day SMA is 152.09, which makes it a Sell.
Apple 50-day simple moving average is 159.50 while AAPL share price is 142.45, making it a Sell technically.
AAPL stock price is 142.45 and Apple 200-day simple moving average is 159.68, creating a Sell signal.
Apple, buying or selling right now?
The RSI is below 30. This situation may indicate a strong downtrend or an oversold condition and that a technical recovery is needed. In this case we will watch for the appearance of divergences with the RSI. The MACD is negative and below its signal line. The configuration is bearish. In addition, prices are below their 20 and 50 moving averages, currently located at 152.755 and 159.7342. Finally, prices have breached their low Bollinger line (located at 142.1885).
A short-term rebound is possible with $150 and then $156 as targets. But the market remains very febrile, so we must expect volatility.
If the 143 area gives way again, then we could go back down to 136 and this very quickly, we will have to see at that time how this area defends itself, because if the latter gives way, it will trigger a return to 129.8 and then 123.
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