After suffering a $4 pps drop over the last two trading days, AAPL printed a bullish candle stick on the close. Sellers pushed the price down to nearly $92.50 but buyers were able to pull it back up signaling a reverse in the trend.
We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a strong move into & post earnings, I am a buyer if we can find clear support on high volume off of the 7/2 intraday low levels.
I am neutral until I can see a strong move off of this bottom support
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.