NoFomoCharts

AAPL (Apple) - 4HR - Potential Bearish Momentum Forming in MACD

Short
NoFomoCharts Updated   
NASDAQ:AAPL   Apple Inc
Apple is currently in an extended price uptrend (1 hour, 4 hour, daily time frames).

However, Bearish MACD Momentum has been forming in Apple stock, 4-Hour and Daily time frames.

Apple stock could pull back about -4% for a potential bearish swing trading setup over time.

Watching the intraday price action to see if Support prices are lost to the downside, and if a bearish Downtrend forms.


note: all content is Not financial advice. trade at your own risk.
Trade closed: stop reached:
Stop loss reached on 08/09/22.

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