From a technical perspective, today’s decline pushes the price below both the 100- and 200-hour moving averages, which sit at $202.02 and $204.10, respectively. The price has also slipped beneath the 38.2% retracement level of the move from the late 2024 all-time high to the 2025 low at $169.21. That retracement level, located at $203.93, overlaps closely with the MAs, increasing the importance of this technical resistance zone.
As long as the price remains below these levels, the short-term technical bias favors the sellers. A move back above the cluster of resistance would be needed to tilt momentum back in favor of the bulls.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Apple shares not loving details from the WWDC 2025 )
Also on site :