$AAPL Negative Divergence
AAPL has formed a potential bearish divergence on the daily MACD. The indicator does not look like it would have an easy time turning back up from here, at least without some pullback.
Given what has happened with the overall market, I would assume that we should see more downside from here for AAPL. Also notice that this means that the breakout this week was a false breakout.
Given what has happened with the overall market, I would assume that we should see more downside from here for AAPL. Also notice that this means that the breakout this week was a false breakout.
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