Replies to post #22107 on Market Direction and Stock Trends

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Has AAPL Put in A Significant High?
By MPTrader | August 17, 2017

AAPL-- has violated important micro support at 160-159 one day after it hit a new all-time high at 162.51-- amid glaring nearer term momentum non-confirmations (MACD, RSI) that suggest it has reached near term upside exhaustion that the most immediate upleg off of the 8/11 low at 154.06 is complete.

The real question however, is whether or not the larger major upleg from 141.70 (to 162.51) also is complete? A decline that breaks and sustains beneath 157.30 is needed to trigger additional damage that confirms the larger upleg also is complete...



https://www.mptrader.com/middaymarkets/

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