AAPL Hammers Off Support, Sell Signals Still Pending

AAPL (Apple Inc) hammered right off the bottom of the wedge (uptrend line) earlier today which remains support until broken. Also awaiting confirmation of the potential divergences via a bearish crossover on the PPO at or below the previous reaction high. Still awaiting an impulsive break and/or daily close below the wedge pattern for a sell signal in AAPL. 2-year daily & zoomed-in daily charts below:

May 3, 2017 4:20pm|Categories: Equity Market Analysis|Tags: , , |0 Comments

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