September 12, 2023

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.