$AAPL - Halfway the Volume Shelf
$Apple(AAPL)$ - Halfway the Volume Shelf
The rally found rejection at the 10DMA just to resume the bearish move to set lower lows. $226 is the next destination for this pullback; at that level price could be oversold relative to the RSI and lower Bollinger Band.
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I have done this analysis before：
Weak setup but a short term bounce is likely considering the 100DMA and the volume shelf.
The complete analysis in the weekly timeframe was included in the latest Weekly Compass, with specific targets.
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