jangseohee
Short

Classical Bear Trap in play?

NASDAQ:AAPL   Apple Inc.
42 0 0
15 days ago, i posted a Monthly AAPL             chart where MACD Bearish Divergence issued a warning of higher high in price but lower low in MACD indicator.

MACD may be a LAGGING indicator, but the divergence should not be ignore. (Head of to Gerald Appel)

The day bar is not formed yet, if the price can close just below 100.00, and the riskier bear can start to invest on the short side.
If it close > 100.00, then we have to wait for a few more bars
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