APPLE DAILY CHART WITH MACD
- Apple hour trend continues to favor bulls as it trades above 50 Hour SMA. Weakness only if price starts to trade below 50 Hour SMA.
- Major support for bulls is 644 which was the previous resistance. Falling below 644 would favor bears for a bigger fall.
- Last chart shows negative divergence. But price continues show strength so predicting the fall will be costly, let the price show weakness before taking shorts.
- GOOGLE RESISTANCE LINE AND NEGATIVE DIVERGENCE