Apple and Microsoft Overbought Readings

By | July 22, 2014

I wrote about the overbought conditions in the Relative Strength Index and the Money flow Index on the Apple (AAPL) weekly chart yesterday. These simultaneous technical indications have, in the past, signaled pullbacks in the stock.

50. AAPLcharts

The weekly Microsoft (MSFT) chart has the same double overbought readings.

50. MSFT charts

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