$AAPL - Price crossing the lower Bollinger Band suggests a potential bounce
$Apple(AAPL)$ - Price crossing the lower Bollinger Band suggests a potential bounce, but the oscillator isn't oversold, so more pain cannot be ruled out. Even if Apple bounces, longer timeframes present bearish setups. Use link in my profile to get access to the latest publication with more details about the bearish setups.
The Weekly Compass anticipated Apple's pullback two weeks ago. $.SPX(.SPX)$ 's and others were also anticipated.
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SPX - In previous bottoms the oscillator has reached oversold levels, that is not the case today. Even if there is a temporary bounce at the 50DMA, resistance at 20DMA is likely. Observe previous occurrences.
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Extreme bullishness versus extreme bearishness for stocks.
Have we seen peaks only when the red band is reached? = No.
Something key to be mindful about.
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- Eatmi·11-04这篇文章不错，转发给大家看看LikeReport