Apple Inc. (AAPL) ended the week strong. Looks like we had a double top around $167.
The MACD crossed down to the bears, but we’re not seeing it swooping down like it did back in late February. Instead, it’s moving sideways.
I believe AAPL will also go sideways until earnings on April 26… trading between $160 and $170 for the next week.
If the company beats earnings estimates, we could well see shares break out.
Enjoy the rest of your week and I’ll be back with a review next Monday.