AAPL April 4, 2024: Trending Down Together With MA-20
As of April 4, 2024,
AAPL
has been moving in the range $170 - $176 for nearly 1 month since March 6, 2024.
It keeps trending down together with its MA-20, with a failed move up on March 20. On April 4, it also touched the MA-20 only to reverse down together with the overall market and closed at the lowest level.
A stock can keep going down until it stops going down. We never know when it WILL stop going down. But we always can wait for a bottom pattern to form.
AAPL
has been moving in the range $170 - $176 for nearly 1 month since March 6, 2024. It keeps trending down together with its MA-20, with a failed move up on March 20. On April 4, it also touched the MA-20 only to reverse down together with the overall market and closed at the lowest level.
A stock can keep going down until it stops going down. We never know when it WILL stop going down. But we always can wait for a bottom pattern to form.
