Similar to SPX analysis, because this is the 2nd time AAPL trying the previous high, so there’re some chances of reversal. I don’t know as I have no evidences to support up or down. The general rule is to give the bullish pattern more credit because the trend is up.
The only problem I can see now is the ChiOsc is still way too high and this is the main reason I cannot exclude the possibility of Double Top mentioned above.
Well, let’s wait and see. I’ll keep updating my view on AAPL, stay tuned.
Thanks Cobra …Very interesting.
Hi Cobra, Thanks for the Apple analysis. I’m another Bullish Cross subscriber referred by Andy Zaky. Great to be here!
Steve
Thanks! 🙂