Apple - Bullish Trade before earnings?
Two indicators that I use show AAPL is giving off bullish signals just before they report earnings today. Let's sit back and see what happens as they are expected to report earnings today at 4:00PM ET.
Stochastics are showing Oversold and have begun crossing over, which is a bullish indication that price could be shifting directions.
Secondly, my studies show that we have a pivot point which means that price has crossed above the lower Keltner channel after having been between the lower keltner and Bollinger Bands.
Let's see how Apple's stock opens up tomorrow.
Stochastics are showing Oversold and have begun crossing over, which is a bullish indication that price could be shifting directions.
Secondly, my studies show that we have a pivot point which means that price has crossed above the lower Keltner channel after having been between the lower keltner and Bollinger Bands.
Let's see how Apple's stock opens up tomorrow.
Note
Correction: AAPL reports earnings at 4:30PM ET
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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.