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Can AAPL stock’s bullish daily trend withstand overbought intraday RSI?

Can AAPL stock’s bullish daily trend withstand overbought intraday RSI?

Photo: The Cryptonomist

AAPL stock retains a bullish daily bias, with price above its exponential averages and the daily MACD line above its signal. However, overbought hourly and 15-minute RSI readings complicate the short-term setup. The daily structure supports the bullish case, while execution signals are mixed. Key takeaways AAPL stock was trading at $345.98 as of 10:46 ET on Tuesday, up 1.47% from Monday’s close of $340.97. Daily EMAs are bullishly aligned beneath price: 20-session at $335.16, 50-session at $327.19, and 200-session at $297.49.

Source: The Cryptonomist

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