Apple IncShort
AAPL 1hr with 4 ma's and custom MACD
So after spending some more time this morning on Apple, I am not sure I am as optimistic as the other day. I made the comment on my chart from the other day that as I look at the "weekly" chart I'm a fan...but I am not so sure after spending the morning on the 1hour.
I think my biggest concern is this, basically quad bottom. Obviously it doesn't show up on the weekly like this, but it certainly gives me a different perspective on how I might play Apple over the next week or so.
Also the new triple EMA strategy shows:
15ema - down
30ema - down
50ema - down
Watching the bounce at $126.82 for possible PUT entries. AAPL.
I think my biggest concern is this, basically quad bottom. Obviously it doesn't show up on the weekly like this, but it certainly gives me a different perspective on how I might play Apple over the next week or so.
Also the new triple EMA strategy shows:
15ema - down
30ema - down
50ema - down
Watching the bounce at $126.82 for possible PUT entries. AAPL.
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.