It is interesting to see that AAPL has not bounced yet, but that its EV pattern is slightly positive.
It is still oversold and when we use the Breakout Calculator, we can see that there is a cleat buy oversold zone below 118.9
The only (and rather important problem) of the buy level is that it is just below the Lower boundary, it is at a lecel where the Supply crosses above 10% and it is below the 200MA.
Thee three indicators could trigger a selling wave just where based on the analysis of the uptrend, this is where we should buy.
If AAPL breaks below the 200MA, I believe that the general market will be in a correction. Hence, I will not buy AAPL at the buy zone.
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