Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
$86.28
Merck & Company (MRK): Building Strength, Paving the Way for Potential Upside
31 Oct 2025, 11:49
Image data IG
Apple (AAPL) is showing signs of a potential recovery, having reclaimed the 23.6% Fibonacci retracement level at $200.00. The next key resistance sits around $219.98 (38.2% Fib), and a break above this could open the door to higher targets at $235.08 and $252.05. RSI is approaching the overbought zone, suggesting bullish momentum, but caution is warranted if it fails to break above 70.
On the downside, if AAPL loses support at 20,014, it could retest the recent low around 16,807. Watch for RSI rejection as an early signal of weakness.