Market Overview

Apple Poised To End Six-Day Losing Streak


Apple Inc. (NASDAQ: AAPL) shares are trading higher by $1.37 at $113.71 in Monday's session. It has traded lower in its last six sessions and in eight of its last nine, with the outlier being a $0.14 gain on November 6.

Over the longer course of time it has fallen from its November 3 close ($122.57) as low as $111 in today's session before staging a rebound. So far, it has reached $113.70 and it not far off that level. Friday's highs stands nearly $2 higher at $115.57.

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

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Posted-In: Premarket outlookTechnicals Intraday Update Trading Ideas


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