Your Monday Update on AAPL

by | Mar 13, 2023

Apple Inc. (
AAPL) has made a double-top pattern… in fact, almost a triple-top over the last month.

The MACD indicator looked as if it had an opportunity to go bullish, but it didn’t and remains bearish. 

I think we still have a week or two of bearish action in the MACD for the market to unwind itself.

Right now, Apple seems to be stuck in a channel, between $155/$157 and $147.

The sideways trend for AAPL will likely continue for the next few weeks.

I’d suggest caution, unless you’re shorted or hedged… and keep your eyes on those levels. 

Have a good week!


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