AAPL has recently broken below its 1 year upward signaling more selling to come. This pivotal event comes at a time when
- Overall market sentiment is showing extreme greed (selling soon follows this level)
- Recent rally have been prompted by one stocks excellent earnings (NVDA alone cant hold up the economy)
- AAPL has been trend down rather steadily for a month
- The long term support being broken indicates more selling likely to come.
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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.