It is obvious that AAPL
has been trapped in a long downtrend. AAPL
has continually made new lows in price and technicals for quite some time now. But on its' most recent new low, AAPL
made it on positive divergence in the MACD
. If AAPL
can maintain support over 437, it can successfully create a bottom and make a bullish
run to at least 470 before encountering any serious resistance.
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