Ape

AAPL Finishing its' Gap Fill; Still a Bear

Short
BATS:AAPL   Apple Inc
2
Recently AAPL has begun to show signs of life, moving nearly $40 off its' low. Unfortunately for AAPL, it is failing to create any new highs in the MACD or RSI casting doubt on the most recent rally. Another alarming sign is AAPL is butting its' head against the upper linear regression line, another bearish sign. I think the smart move would be to look for an opportunity to short because I believe this recent move is nothing more then a GAP FILL.

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.