sublimares2

AAPL- a time of watch and wait?

BATS:AAPL   APPLE INC
229 0 2
It is getting interesting this chart. The AB=CD finished the pattern and the price is hitting into a cluster of resistances. However, more noticeable is the accumulation/distribution line projected behind the price.

For few years, the A/D line followed in tandem the price confirming the trends strength- being on the upside or downside. For the last months the A/D line failed to follow the price and is moving on the opposite direction and it could be interpreted as selling pressure is beginning to increase. While there is clear a bullish divergence , the latest divergence shows weakness in uptrend.

it is best to allow a week or two for the other signals to develop.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out