Apple Exceeds Wall Street Expectations with Strong iPhone Sales

The news is fundamentally positive; strong iPhone sales indicate better-than-expected results and could boost buying interest in the short term. However, the technical picture is weak: the price is below the SMA20 and SMA50, MACD is negative and below the signal line, and RSI at 38 confirms weak momentum. Therefore, the impact of the news may be limited to a modest relief rally; the 344-345 band (SMA20/SMA50) should be watched as resistance. A break above would strengthen the upside, otherwise the reaction could turn into selling. Confidence should be kept at a moderate level.

Apple's iPhone sales exceeded Wall Street expectations, and this positive sentiment is spreading across the technology sector. GOOGL fell 13.78% within 24 hours and is trading below its 20-day SMA, but with an RSI around 30 it is in oversold territory. The MACD is above the signal line, which could signal a short-term recovery. A recovery in the 280-285 range is likely within 1-3 days, but additional support may be needed to rise above the 50-day SMA. Therefore, a slight upward move can be expected in the short term, although risks remain.