June 5, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Mixed Reality Hype

Please click here for a chart of Apple stock (AAPL).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of Apple is being used to illustrate the point.
• The AAPL chart is a weekly chart to give investors a longer term perspective.
• The chart shows that AAPL stock is at the top band of the resistance zone.
• RSI on the chart shows that AAPL stock is very overbought.  When a stock is this overbought, it is vulnerable to a pullback.