Apple seems to be reaching its major resistance trendline. Seems to be overbought with higher RSI and Simple moving average. Apple, in general, follows this particular channel that I posted not too long ago. Since its the same channel, historical patters will show a bearish outlook of the stock due to its current price mark.
Currently at major support zone
MACD Crossover into positive zone on D Chart
RSI currently at an oversold level, historically jumps
BULLRINGANALYSIS--> FOLLOW FOR MORE POSITIONS
RSI on downturn w/ 4 hr chart.
MACD moving to negative crossover as market reached relatively new highs
Price is currently at a standard deviation above mean, pushing price lower in the short term
IG: @BULLRINGANALYSIS
Tlry is a very interesting pick here. Early stages of company growth but, descending triangle pattern is meeting major resistance level. Bullish signal from this pick, but could be interesting to see what happens at this intersection point. RSI is also in interesting position for growth as well.
not financial advice
IG: @BULLRINGANALYSIS
seeing channel breakouts over the past few trading months
RSI is is good position for forward growth in the short term
we can see this price drop to it's second support level (upward trending), and then possibly bullish movement
Increase in adoption as legalization increases in early 2019. Analyst EPS estimate increase in future
not...
