Apple Inc (AAPL) Moves Up For the 5th Straight Day

The Hourly View for AAPL

Last Updated December 2, 2020, 12:15 GMT

Currently, AAPL’s price is up $2.87 (2.4%) from the hour prior. The hourly chart shows that AAPL has seen 2 straight down hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50 and 100 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Apple Inc Daily Price Recap

Apple Inc is up 3.08% ($3.67) since the day prior, marking the 5th straight day it has gone up. The price move occurred on volume that was down 25.67% from the day prior, but up 69.9% from the same day the week before. Here is a daily price chart of Apple Inc.


Apple Inc Technical Analysis

Or to view things another way, note that out of the past 10 days Apple Inc’s price has gone up 6 them.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to AAPL:

    $AAPL Starting Capital for today to Day-Trade $3,095,657.67! I take Day-trades and re-invest my profits right back into the next trade!! I don't scale in and scale out. I don't use stops, and I use the 9-Day Simple moving average on the 1 minute chart to figure out my entry's and outs! It's that simple!!! So far this week I have made $288,605.25! All the best!! 🙂