This analysis is very interesting; I will deepen it during the week. In the meantime, I suggest you read this in-depth article.
Apple chart 4h timeframe
I like this chart. According to this analysis, the past days’ strong oversold should be reabsorbed and create a head and shoulder condition.
I wouldn’t have given all this weight to MACD.
The sentiment these days is undoubtedly selloff, and therefore stocks like apple could suffer some sales.
According to the author, the apple TV + service’s bad results will give the title further bearish pressures.