September 12, 2023

INVESTORS PAY ATTENTION TO HOW APPLE iPHONE 15 TESTS NATIONALISM OVER STATUS SYMBOL IN CHINA

By Nigam Arora & Dr. Natasha Arora

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

iPhone 15 Launch

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 stock is being used to illustrate the point.
  • The chart shows the drop in Apple stock on the news of China banning government workers from using iPhones.
  • The chart shows Apple stock is at the top of the support zone.
  • RSI on the chart shows Apple stock is neither overbought nor oversold going into the iPhone 15 launch. 
Please click here or the title below to read more.
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