$AAPL Weekly RSI Below 50
An important chart give the size of Apple market cap wise, and a brief RSI analysis on the weekly
Since 2018, the RSI has dipped below 50 a handful of times (8 including this time give or take).
Of those times, we can see the price action to follow.
So boils down to is this NOV 2018 price action or all the other times ?
From an expected return standpoint, I like my chances long . CPI next week, what happens if we see cooled off numbers ?
Let's see : )
Since 2018, the RSI has dipped below 50 a handful of times (8 including this time give or take).
Of those times, we can see the price action to follow.
So boils down to is this NOV 2018 price action or all the other times ?
From an expected return standpoint, I like my chances long . CPI next week, what happens if we see cooled off numbers ?
Let's see : )
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