The signal flips: from sell to fresh buy
Apple gains 2.2% as the signal flips to a fresh buy near its highs
The signal flips: from sell to fresh buy
Our view last week
Apple is in week 2 of a sell signal, and this week it gained 8.8%: a rebound that brings price back near the Pivot Point and pushes signal strength down to 2 out of 100, decline nearly over. The setup quality indicator, at 32 out of 100, stays in ordinary range, and Apple closes in last place among the 137 US sell signals.
This week's summary
A week ago Apple's sell signal was running on fumes, price back near the Inversion Point. The picture flips: a fresh buy signal has just fired, but the stock is working within a hair of its all-time high (-0.66%), a level already tested four times in ten weeks. The weekly structure is strongly bullish, yet our technical analysis rates it as high-risk: better to wait for a pullback before stepping in.
IQS Phase
79
in tension
Signal Strength
43
medium · weak
Sizing
REDUCED
Ranking
#6 / 6
New us stocks
Trade P&L %
+0.00%
from signal to today
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