APPL Reversal in Play

2021년 5월 18일

AAPL

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  I'm seeing a Head and Shoulder pattern almost completing. Bearish signal.
  
  Seems overpriced and finding sellers at the 130 - 140 level. Bearish signal.
  
  Looks like it needs to revisit the Ichimoku support cloud. Bearish signal.
  
  RSI is descending and hovering at around 50. Mixed signal.
  
  Fundamentally all tech stocks are inflated. Bearish signal.

2021년 5월 18일

노트

Forgot to mention the price divergence with the RSI. bearing signal.

2021년 5월 19일

노트

Second bearish EMA cross.

2021년 5월 21일

노트

The uptrend line is holding and market participants are aware of its presence.