By Micah
CEO of Wall Street io
Oct 21, 2017
Is AAPL Topping out on the Weekly Chart?
I was doing some long term analysis on AAPL this weekend and noticed a pretty big channel on the weekly chart.
Also, I noticed a bearish divergence on the MACD. Here's the weekend video showing you what I found...
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A bearish MACD divergence is when the stock hits a new higher swing high, while the MACD hits a lower swing high.
Do we have a few months of gas left in the stock or are we starting a long term pull back?
Let me know your thoughts below in the comments, thanks in advance!
Trade Safe,
Micah