n8fleming

AAPL Oscillating through 13, 34 and 50 MAs

Long
NASDAQ:AAPL   Apple Inc
Wave analysis (if my count is right) suggests AAPL will continue to retrace to the current supporting trend line to around $111 before returning to an uptrend. MACD, RSI and Stoch seem to support this theory. Last year, AAPL was basically static through Black Friday. It appears this year could be a replay.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.