Apple IncLong
Perfect Time To Buy AAPL
Going purely off indicators, letting the math do the work and explaining the picture. I am pleased to announce high upside potential for Apple. Here are each of the indicators explained, enjoy!
RSI: Apple has a fairly low relative strength index right now meaning that it is close to being over sold and the selling momentum is dying off. Apple has a history of not having a low RSI very long so expect some upward momentum to come very soon!
Moving Average: Apple's candle stick trend has fallen below the moving average for the 1 month chart, this means that it is priced below average for the past months performance. This is a sign that we can have more up swing momentum as Apple does not stay below the moving average very long.
Divergence: Finally my divergence+ indicator that is very accurate, so accurate that you need to pay a subscription to use it. This indicator shows the opposite of what you see. If you see the green cloud under the red candles that is bullish strength and we have a lot of it and the script detected a low point for Apple on the one month chart and put in a buy signal. This means Apple is a strong buy right now.
Let's see what happens these next two weeks!
RSI: Apple has a fairly low relative strength index right now meaning that it is close to being over sold and the selling momentum is dying off. Apple has a history of not having a low RSI very long so expect some upward momentum to come very soon!
Moving Average: Apple's candle stick trend has fallen below the moving average for the 1 month chart, this means that it is priced below average for the past months performance. This is a sign that we can have more up swing momentum as Apple does not stay below the moving average very long.
Divergence: Finally my divergence+ indicator that is very accurate, so accurate that you need to pay a subscription to use it. This indicator shows the opposite of what you see. If you see the green cloud under the red candles that is bullish strength and we have a lot of it and the script detected a low point for Apple on the one month chart and put in a buy signal. This means Apple is a strong buy right now.
Let's see what happens these next two weeks!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.