- Apple has broken the down trend line in four hour chart.
- Stock also took support near the 50 moving average in four hour chart.
- 311, 314 and 318 will act as resistance levels for the stock on its way up.
- Retrace towards the broken trend line is possible.
- Any price action below the trend line and the moving average shown in chart will be negative for the stock.
- MSFT above 200 DMA
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