Is everybody getting bearish on AAPL?
Friday, October 5, 2012
AAPL
Apple daily chart
Is everybody getting bearish on AAPL?
The chart shows we HAD negative divergence on the new high, but recent price action seems to have alleviated overbought conditions. Support @ 650 which was the previous resistance. Maybe a head and shoulders? But volume profile doesn't look right for an H&S.
Is everybody getting bearish on AAPL?
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