AAPL & TSLA - Weak setup but a short term bounce
1. $Apple(AAPL)$ - Weak setup but a short term bounce is likely considering the 100DMA and the volume shelf.
The complete analysis in the weekly timeframe was included in the latest Weekly Compass, with specific targets.
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2. $Tesla Motors(TSLA)$ - Consolidation Process on the Edge
While dips were quickly bought this week and moving averages are providing support, a break below the current purple line could trigger a rapid move to $365, the 50DMA. The latest candle shows indecision, leaning slightly bullish, but confirmation is needed.
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