Fundamentals (earnings) and technical doesn't support rally.
Apple one more time in the overbought territory , MACD and RSI good indicators.
If we look into previous earnings almost same price action performed by market makers. Assuming today most of the buy pressure came from Apple's buy back program.
Earning was one of the worst since 2016, most of investors blaming China but economical conditions pushing people to make savings. CEO pointed out during conference call, currency hurting company. And after long time DXY broke out downside trend line. Tuesday J. Powell will speak and curious what will he say about last job openings.
Apple one more time in the overbought territory , MACD and RSI good indicators.
If we look into previous earnings almost same price action performed by market makers. Assuming today most of the buy pressure came from Apple's buy back program.
Earning was one of the worst since 2016, most of investors blaming China but economical conditions pushing people to make savings. CEO pointed out during conference call, currency hurting company. And after long time DXY broke out downside trend line. Tuesday J. Powell will speak and curious what will he say about last job openings.
Nota
DXY
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.