Updating the Apple (AAPL) chart mentioned in the 11/29/24 market update. https://t.co/63XExfKUYV
It appears that AAPL peaked on schedule after touching slightly above the top of its weekly channel and turned down, suggesting the intermediate cycle has topped.
Support is at 210.00, and Resistance is at 260.00.
MACD momentum is weakening, falling from above 0, and giving a repeat sell. Be alert that this sell is a Negative Divergence (higher price high and lower high in MACD), a bearish pattern. #stockmarket