Apple (AAPL) dipped slightly in its latest intraday trading, with negative signals appearing on the RSI indicators as the stock attempts to gather positive momentum to recover and resume its gains. This comes while it continues to benefit from the positive support of trading above its 50-day simple moving average, reinforcing the dominance and stability of the main short-term uptrend, especially with its movement along primary and secondary upward trendlines.

Therefore, we expect the stock price to rise in the coming sessions, as long as the support level of $260.00 remains intact, targeting the first resistance level at $285.00.

Todays price forecast: Bullish