AAPL 1D & 4H rise & fall
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Very interesting and kind of conflicting signals on AAPL 1D and 4H: there are longer term lower highs (price) with higher highs on the oscillator (commodity channel index). It's a divergence - the downtrend might reverse and price might go up.
But there's also a bearish CCIDivergence on 1D an 4H (see the black ellipses on the chart), so there might be a pullback to the weekly pivot point before price moves up to the weekly R1.
But there's also a bearish CCIDivergence on 1D an 4H (see the black ellipses on the chart), so there might be a pullback to the weekly pivot point before price moves up to the weekly R1.
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