📊 Apple Hits New All-Time High (Early Bearish Signals)

➖ 14-Dec Apple Inc (AAPL) hit a new ATH, barely higher compared to July 2023, the previous price peak.

➖ Yesterday the stock closed below EMA10, which indicates bearish potential developing. Today, we get confirmation with a full red candle below this level after a failed attempt to move higher.

➖ The RSI peaked 20-Nov, printing the classic bearish divergence with the stock.

All these signals combined can be read as the end of the bullish wave.
These are early signals though, Tuesday/Wednesday next week we have additional confirmation or negation.

Patience is key.

Namaste.