Apple Is Not A Leader

Apple found support on its 200-day moving average last week and reclaimed its 50-day line on Friday. It's not far from a buy point of 137.17 cups and handles. An aggressive trader could see that AAPL stock is about to break early off the 50-day line and is in control of a downtrend. But the RS line for Apple stock is just below the 2021 lows.

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