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AAPL has had an incredible run over the past few months, traveling from a low of about $50 to yesterday's 52-week high of $75.46. This chart has caught our eye because today's 3.96% drop has caused the price of the shares to test the support of the 15 DMA, which has been a level that AAPL has not traded under since mid-October.

As you can see from the chart below, we've added the MACD indicator which has crossed below its signal line today. The bulls have prevented this indicator from crossing below the signal several times over the past few months, but now that we've seen a confirmed cross it will be interesting to see if the bulls start to take profits. We'd expect the 50 DMA to be the next level of support in the event that the price closes below the 15 DMA.



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