AAPL has been trading in an upwards channel for quite some time. It is approaching the resistance of the channel soon. As the end of this trading week (September 3rd) AAPL is in a triple inside candle pattern. We will likely see it breakout to the upside and see resistance at the 157 area. Another sign of a bearish outlook on this chart is the decreasing RSI. Since trading in the recent consolidation, the RSI has been slowly dropping. Let me know what you think in the comments.
Comment:
Starting to see aapl support around 146-147 range.