June 17, 2018

APPLE Weekend update

  • Apple daily chart shows previous support lines acting as support. Bigger weakness for the stock if price closes below these lines.
  • Month candle is showing weakness so far. Staying below 190 levels should lead to a bearish candle. Price getting back above 190 plus levels will be negative for Bears.
  • MACD Shows recent failed cross in month time frame. A bearish candle here in Month time frame may lead to bearishness in the Indicator as well.