lautta
Long

AAPL Medium-term MACD & RSI Divergence

BATS:AAPL   APPLE INC
214 3 0
Bullish divergence on MACD and RSI suggest of a trend reversal. Long on break of descending channel line.
what time frame chart is it?
Reply
Time frame for entry within a week or two. After buying wait for signals for trend reversals. Expect resistance at ~520 area.
If, however, the stock breaks support at ~435, consider going short.
Reply
Let's see what happens on Monday. Contemplating going short.
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