The huge divergences between indices and indicators between Europe and the United States, as well as the fact that the selective of the Spanish stock market fails to overcome the crucial and important barrier of 8,500 points, which is not working as an attraction for new capital or money fresh that can be incorporated into your assets. In fact, volatility remains very high in the securities belonging to our market.
Thus, the money is transferred to the American market, and within this to technology, which is the only market that continues to function despite the specific cuts that we can see at a specific moment. Taking into account this aspect, and what happened in these past sessions where we learned that a value known to all, Apple (NASDAQ :), planned to increase the production of iPhones by 30% in the first half of 2021, the increases have not been made wait.
The bitten apple company presents a clearly bullish appearance with the formation of increasing lows from last April to the present, where in yesterday’s session it appreciated more than 5%, closing at intraday highs and clearing the way to the The area of $ 137, which coincides with its previous relative highs and its resistance zone, above which it would enter a technical and absolute free rise again with a possible upward journey towards levels of $ 150. Also, today we learned that Morgan Stanley (NYSE 🙂 has raised its target price from $ 136 to $ 144.
Thus, and taking into account the most rigorous short term, Apple has the path ready to $ 137.50, which is the area where it seems to want to go, despite the fact that at some point in time we may have a day of adjustments or consolidation. The protective stop would be below $ 119 levels in closing prices. For whoever is inside it is a keep clear.
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