Market Pulse: Apple Holds Breakout as iPhone Cycle Takes Hold

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Apple’s price chart continues to show improvement amid reports of strong demand for the iPhone 12.

Click here to view the related idea and chart analysis on TradingView.

See also: Market Pulse: Apple’s Next IPhone Cycle Could Be Starting

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David Russell is VP of Market Intelligence at TradeStation Group. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.