has begun to show signs of life, moving nearly $40 off its' low. Unfortunately for AAPL
, it is failing to create any new highs in the MACD
casting doubt on the most recent rally. Another alarming sign is AAPL
is butting its' head against the upper linear regression
line, another bearish
sign. I think the smart move would be to look for an opportunity to short because I believe this recent move is nothing more then a GAP FILL.