Fundamentals (earnings) and technical doesn't support rally.
Apple one more time in the overbought territory , MACD and RSI good indicators.
If we look into previous earnings almost same price action performed by market makers. Assuming today most of the buy pressure came from Apple's buy back program.
Earning was one of the worst since 2016, most of investors blaming China but economical conditions pushing people to make savings. CEO pointed out during conference call, currency hurting company. And after long time DXY broke out downside trend line. Tuesday J. Powell will speak and curious what will he say about last job openings.
Apple one more time in the overbought territory , MACD and RSI good indicators.
If we look into previous earnings almost same price action performed by market makers. Assuming today most of the buy pressure came from Apple's buy back program.
Earning was one of the worst since 2016, most of investors blaming China but economical conditions pushing people to make savings. CEO pointed out during conference call, currency hurting company. And after long time DXY broke out downside trend line. Tuesday J. Powell will speak and curious what will he say about last job openings.
Nota
DXY
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.