Apple Stock Expected to Rise in the Short Term

The stock of tech giant Apple is moving

sideways, and so far, indications point to

a consolidation phase on the daily timeframe.

Therefore, we are likely to see an upward move in the stock soon,

and a continuation of the current upward trend.

Expected Targets

If the consolidation phase is successful and the resistance levels are broken,

which form the upper limit of the current sideways movement,

then an upward move to the levels indicated on the chart is expected,

which are at 286 and 295 respectively.

The upward scenario will be invalidated by a break below

 the support levels and a close below them.