Business Chart of the Day: Reversal in Apple’s Stock
The apple logo is projected on a screen before the start of a product launch event at Apple's headquarters in Cupertino, Calif., on Sept. 10, 2019. Josh Edelson/AFP via Getty Images
The bears may be taking control of Apple Inc. This means the stock may be about to head lower.
When stocks are rising, the bulls are in control of the market. When an uptrend line breaks, meaning it’s crossed on the price chart, it could be an early indication that the bears, or sellers, may be about to take over.
