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Zenger
Zenger
Business
Melanie Schaffer

Apple Stock Could Make A Run Back To The All-time High

Apple
The Cupertino, California-based company has resistance above at $177.71 and $182.13 and support below at $174.33 and $171.03. Photo from Pixabay

Apple, Inc (NASDAQ: AAPL) closed Friday’s trading session 1.41% higher, leading the SPDR S&P 500 to close up 1.3% ahead of news President Joe Biden and House Speaker Kevin McCarthy had reached a tentative agreement to raise the debt ceiling.

The move caused Apple to close on the median line of a rising channel pattern, which the stock has been trading in since March 22.

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