There could be potential for Apple to bounce up in the upcoming week. Apple is currently sitting on the weekly 200 ema, which indicates strong support from the last week. Even though it is at the 200 ema, my indicators still say that the current trend for Apple is bearish. We need to confirm three things before we can see an Apple bounce: RSI uptrend (breaking 30), increase in buy volume, and the Super Trend changing to green.
Stay tuned for more!
C.
Stay tuned for more!
C.