Chart of the day – February 28, 2021

Interesting analysis

Game, Set and Match! by ridethepig on

This analysis is very interesting; I will deepen it during the week. In the meantime, I suggest you read this in-depth article.

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Apple chart 4h timeframe

APPL – 4 hour, Head and Shoulders by Engindzhan on

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.