Apple IncShort
Apple - will the correction tilt the trend?
Recent price action shows that traders are closing their long positions and we have reached a point to think if this is going to accelerate and even if some selling occurs.
The uptrend is intact, still not tested, but we are moving towards the 120 - 123 fractal line - first major support and the demand zone of the trend.
RSI gave the initial warning signal and now MACD has confirmed with it's crossover and negative histogram.
The uptrend is intact, still not tested, but we are moving towards the 120 - 123 fractal line - first major support and the demand zone of the trend.
RSI gave the initial warning signal and now MACD has confirmed with it's crossover and negative histogram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.