02-06-2022 22:32 via macdailynews.com

Apple stock poised to hit first ‘death cross’ since December 2018

Apple’s stock has fallen far enough and for long enough to produce the ominous-sounding “death cross” bearish chart pattern that AAPL last marked in December 2018.Tomi Kilgore for MarketWatch:The stock has fallen far enough and for long enough to put its 50-day moving average (DMA), which many chart watchers view as a short-term trend tracker, on track to cross below its 200-day moving average (DMA), which is viewed as a dividing line between longer-term uptrends and downtrends
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