Here we have the weekly chart for apple and based off of my analysis what I’m seeing is that it is time for the stock to slightly pullback a little. I say this because:
1) the weekly RSI is way overbought
2) the candle is way outside of the Bollinger bands
3) daily chart is extended from the 20ema (have the daily chart in a small channel and it is in between...
Created the gap in the morning and looks like it hit my downtrend line and got rejected, overextended from the 5ema on the daily chart and also overbought on most smaller charts( 1h, 30m etc) on top of these signals weekly chart has a death cross. I think it ran too fast and might get pulled back a little. In addition to that the weekly death cross has me thinking...
