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Apple enters a new partnership

Stocks
By Mostafa Mahmoud
Apple enters a new partnership
0 1

Apple enters the world of neurotechnology through a partnership with Synchron to develop technologies that enable device control via brain signals. This move paves the way for a future where the mind is connected to technology. Markets reacted positively to the news, with Apple’s stock rising in pre-market trading.

أبل 13-5-2025

From a technical perspective, Apple’s stock closed above the key support level of $205. Prices are likely to target the resistance level at $225. The bullish outlook is supported by the stock trading above the 20-period moving average of the Bollinger Bands, as well as a buy signal on the Stochastic indicator. This scenario would be invalidated if the price breaks below the aforementioned support level.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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