4-12-07 : AAPL is not looking good

The daily chart shows support of MA20,50. MACD is still above 0.

But 15min shows price has broken out of up channel. MACD fallen below 0.

Thus short term is bearish.
Will wait for daily chart to be more bearish (eg. price fall below MA) before initiate a short position.

daily
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15min
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