AAPL's price action may provide clue about the health of this market. It has been stuck in a sideways action since July. The base from February through July my act a support zone.
Will the bearish head-and-shoulder pattern come to fruition with the stock breaking decisively below 200 MA? If it does - this stock may take the market down with it.
Will the bearish head-and-shoulder pattern come to fruition with the stock breaking decisively below 200 MA? If it does - this stock may take the market down with it.
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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.