APPLE Bullish cross or a fast fall

 

• Apple hour chart shows 50 and 200 Hour SMA aligning for a bullish cross. Another way of looking at it is if price falls back below 200 and 50 Hour SMA then 50 Hour SMA instead of doing a bullish cross may do a fast fall.
• 50 period SMA of 4 Hour shows price above the SMA. Recent falls below this moving average has resulted in big corrections and expecting the same to continue if price falls below it again.