Unless the Nasdaq can stage a major reversal in the coming days AAPl looks very vulnerable to more downside due to the following factors. Bearish weekly candle, 21ema now resistance. RIS dropped below 50. MACD bearish. Volume remains bearish Historically selloffs in the stock have went much deeper. POC at $115 now crucial level for Bulls to hold below which the pivot at $112 is next support.
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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.