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.
September 12, 2023