â 14-Dec Apple Inc (AAPL) hit a new ATH, barely higher compared to July 2023, the previous price peak.
â Yesterday the stock closed below EMA10, which indicates bearish potential developing. Today, we get confirmation with a full red candle below this level after a failed attempt to move higher.
â The RSI peaked 20-Nov, printing the classic bearish divergence with the stock.
All these signals combined can be read as the end of the bullish wave.
These are early signals though, Tuesday/Wednesday next week we have additional confirmation or negation.
Patience is key.
Namaste.
â Yesterday the stock closed below EMA10, which indicates bearish potential developing. Today, we get confirmation with a full red candle below this level after a failed attempt to move higher.
â The RSI peaked 20-Nov, printing the classic bearish divergence with the stock.
All these signals combined can be read as the end of the bullish wave.
These are early signals though, Tuesday/Wednesday next week we have additional confirmation or negation.
Patience is key.
Namaste.
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đš Free PREMIUM Trade-Numbers
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đ„ New Lowest Pricing Ever â Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)