Short aapl to 1325
Aapl is at the top of it's recent trading range. MFI is over bought, with an obvious bearish divergence. RSI isn't quite over bought, but it's close. Stoch and Stoch RSI have been moving up and down with the recent peaks and troughs of price very reliably on the daily chart. They are both over bought and crossing. Volume has dropped off for the last several days.
All of this adds up to what appears to be a very obvious short down to the bottom of the recent trading range.
Happy trading!
All of this adds up to what appears to be a very obvious short down to the bottom of the recent trading range.
Happy trading!
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.