After suffering a $4 pps drop over the last two trading days, $AAPL printed a bullish candle stick on the close. Sellers pushed the price down to nearly $92.50 but buyers were able to pull it back up signaling a reverse in the trend.
We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a strong move into & post earnings, I am a buyer if we can find clear support on high volume off of the 7/2 intraday low levels.
I am neutral until I can see a strong move off of this bottom support
We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a strong move into & post earnings, I am a buyer if we can find clear support on high volume off of the 7/2 intraday low levels.
I am neutral until I can see a strong move off of this bottom support