AAPL
I'm seeing a Head and Shoulder pattern almost completing. Bearish signal.
Seems overpriced and finding sellers at the 130 - 140 level. Bearish signal.
Looks like it needs to revisit the Ichimoku support cloud. Bearish signal.
RSI is descending and hovering at around 50. Mixed signal.
Fundamentally all tech stocks are inflated. Bearish signal.
Note
Forgot to mention the price divergence with the RSI. bearing signal.Note
Second bearish EMA cross.Note
The uptrend line is holding and market participants are aware of its presence.
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.
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.