Watch These Apple Stock Price Levels Ahead of This Week’s Earnings Report
Key Takeaways
- Apple shares will be in the spotlight ahead of the iPhone maker’s highly anticipated fiscal second-quarter results, due after Thursday’s closing bell.
- Wall Street will be paying close attention to the tech giant’s guidance for the current quarter in an effort to determine what impact tariffs and potential price increases have had on consumer demand.
- The stock trades significantly above this month’s low, though the relative strength index signals lackluster price momentum ahead of earnings.
- Investors should monitor key support levels on Apple’s chart around $169 and $157, while also watching crucial resistance levels near $220 and $237.
Apple (AAPL) shares will be in the spotlight ahead of the iPhone maker’s…