HomeBusinessConsumer ServicesApple Below 200-Day Average and ADP Inc. Bearish Death Cross
Apple Below 200-Day Average and ADP Inc. Bearish Death Cross

Yesterday's close on Apple (AAPL) was a little different as Apple went below the 200-day moving average for the first time in quite a while, says Kevin Horner, Sr. Manager, Trading Services Education at Charles Schwab. He points out that bullish traders may add or start a position here at this low risk area. He says it could go either way, so be prudent. Next he analyzes the chart of ADP Inc. (ADP). He analyzes the 200-day and 50-day moving averages on the chart of ADP. Kevin discusses the range of 193 to 213 and says the 213 level is the 200-day moving average. He explains a bearish death cross on the chart of ADP. Tune in for the details of the technical analysis.

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15 Mar 2022

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