AAPL Update

Late last week, I showed a few charts that suggested AAPL has hit an oversold area, including my DeMark inspired custom indicator and several other indications,  here's the follow up.

 The DeMark inspired chart with Friday's close outside the Bollinger Bands, an extreme move with current buy signals.

 Late Friday there was quick improvement in the short term 1 min AAPL chart which is a big deal for AAPL as the charts just haven't been looking good there at all the last week, today it's adding to that leading positive divergence.

More importantly the 5 min chart that was in line with price is not only holding its ground, but going leading positive here.

AAPL and the market moving together will be important to any bounce coming from the range that was established last week.