apple inc nasdaqaapl shares are trading higher tuesday pushing higher above a previous area of resistance apples ipad sales rose 33 in western europe in the third quarter as the market declined 20 year over year according to an apple insider report apple is up 2 at 16347 at press time   shares have broken out of what technical traders call an ascending triangle pattern the stock tested the resistance level from this pattern as support and has pushed higher since   the 140 level is a key area where the stock had found resistance in the past but as it trades above the area may hold as an area of support   the stock trades above both the 50day moving average green and the 200day moving average blue indicating the stock is in a period of bullish sentiment   each of these moving averages may hold as a potential area of support in the future   the relative strength index rsi has been climbing throughout the past month and now sits at 69 on the indicator this shows that the stock is seeing more buying pressure than selling pressure as the stock has broken out of the pattern see also omicron variant concerns present clear buying opportunity in apple and these tech stocks analyst says bullish traders want to see the stock continue to hold above the moving averages and the higher low trendline holding above this trendline will maintain a bullish trend while holding above the moving averages will keep sentiment bullish bearish traders want to see the stock start to fade lower and fall below the moving averages and the higher low trendline bears also want the rsi to start dipping and fall below the middle line the rsi below the middle line shows that enough selling pressure has entered into the stock to outweigh the buying pressure