Added a few momo indicators to AAPL. Shows that more upside is in the offing as the divergences need some time to dissipate. I would caution against getting into Long position at this moment. As a matter of fact, I expect AAPL to turn down and touch the black MA line (10 Day Daily SMA).
Note
Very close to the 10 Day SMA. A kiss tomorrow and then up, up and away. SPX and NASDAQ are heavily influenced by AAPL. As goes AAPL, so goes the market. I am ready for the long side on AAPL.
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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.