Apple Inc neutral

Apple: on the watch for quarterly statement

28 April 2022 290
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The Tax Day anomaly was confirmed by a 1.3% rise in Apple stock.


After that the price reached the Fibonacci correction level (Fibo) of 38.2% and fell below Fibo 76.4% on the threshold of the quarterly statement release expected today.


The company is projected to have $94.15 billion in revenue and $1.43 in earnings per share (EPS).


If the results exceed expectations, Apple may move up to 161.5 and 165 levels, otherwise it may drop to 154.5 and 150.

This content is for informational purposes only and is not intended to be investing advice.

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