A break below the 02/02/24 bottom at 179.23 could open the door for a move back down to the 10/26/23 bottom at 165.67. There’s no chart support below 179.23. CCI is now below its 02/02/24 reading and RSI is at it’s 02/02/24 reading.
The momentum indicators and air below 179.23 implies a drop could be rapid.
AAPL was a major leader in the post October 2023 rally. If it has a sharp drop, it’s likely to have a bearish effect on the broader U.S. stock market.
The momentum indicators and air below 179.23 implies a drop could be rapid.
AAPL was a major leader in the post October 2023 rally. If it has a sharp drop, it’s likely to have a bearish effect on the broader U.S. stock market.
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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.