Apple Inc neutral

Where will Apple go?

28 July 2022 473
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Yesterday the U.S. stock market anomaly, which is the FOMC “drift” effect, proved to be true again.

 

It proved to be true in both Apple’s growth of 1,7% within 24 hours preceding the meeting and silver growth of 0,5% within the same period or silver growth of 3,4% within 24 hours preceding the meeting and 8 hours after the FOMC meeting.


Where will Apple go? - Photo 1

Where will Apple go? - Photo 2

Chart time zone is GMT + 2


 

By the close of yesterday’s trading Apple's share price came to a resistance of 156.5.

 

Today, the company reports its results for the previous quarter. Revenue is expected to be $82.59 billion, with earnings per share of $1.16.

 

In case the report either meets or exceeds forecasts, It’s highly likely to see the growth up to 166, otherwise decrease to 151 and 143,5 is possible.

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

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