AAPL / D1 : What if this was just an island reversal ?

16 באוג׳ 2017

Question is simple.. even though AAPL managed to overcome all my expectations, I still can't find it bullish here... I'm even starting to wonder if this is not the biggest bull trap ever on the world biggest capitalised equity !
Indeed if the market was about to break down the previous bull gap introduced by the quarter result we would have a strong medium term island reversal. Which would be followed by months of bearish retracement.
Which would sounds totally normal to me, and will not change the bullish long term posture of AAPL. Anyway that support level is to be watched closely... if prices break it down things could get pretty ugly fast for indexes like the DOW in which AAPL has important weight.

22 באוג׳ 2017

הערה

This is how it looks like in Weekly... verrrrry weak...