Powerful resistance is stifling AAPL's progress.
AAPL broke below our support zone and found support at the $130 level although we can go as low as $126.
RSI is oversold right now so we should get a bounce back in the next few trading days but the bear case is still in place until we breakthrough that descending resistance line.
Short Term Bear
Long Term Bull
AAPL broke below our support zone and found support at the $130 level although we can go as low as $126.
RSI is oversold right now so we should get a bounce back in the next few trading days but the bear case is still in place until we breakthrough that descending resistance line.
Short Term Bear
Long Term Bull
Note
Descending Wedge Forming = Bullish in the Mid Term
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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.
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.