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Apple Stock Just Formed a Death Cross - Now What? (Nasdaq: AAPL)
Apple stock formed a bearish "death cross" pattern in its chart yesterday (Wednesday), giving Wall Street one more thing to worry about.
Technical analysts see a death cross as a signal that a short-term drop is about to become a long-term slump. And in the case of AAPL stock, the death cross is especially worrying.
This is what happened the last two times we saw an Apple death cross...
Apple stock formed a bearish "death cross" pattern in its chart yesterday (Wednesday), giving Wall Street one more thing to worry about.
Technical analysts see a death cross as a signal that a short-term drop is about to become a long-term slump. And in the case of AAPL stock, the death cross is especially worrying.
This is what happened the last two times we saw an Apple death cross...