AAPL buy signal is near
The blue line on the chart are where the Stochastics crossed after being in oversold territory.
However it is noteworthy that while the stochastics plunged, price held up, only falling 5-6 points.
This could be a bull flag, or the stochastics could imbed in theoversold area while price
continues to fall. I would wait to see if price closes above the 13 MA (shown).
However it is noteworthy that while the stochastics plunged, price held up, only falling 5-6 points.
This could be a bull flag, or the stochastics could imbed in theoversold area while price
continues to fall. I would wait to see if price closes above the 13 MA (shown).
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.