From Our Poll. Chart View of 2 Stocks – Apple Inc and SEA Ltd.

Apple Inc Chart View
Price may have made a low at US$132.61 and a gap on 27 May is a confirmation of a low and a price rally.

 We could see a corrective rally to the either US$156(Fibonacci 50% correction point) or US$160 (62% correction point) in the next 2-3 week.

The longer term trend will depend on a price move above the cloud by the 20 June 2022. If not the bearish trend is likely to resume again for US$133.

MACD has a bullish crossover and is hinting at a price rally ahead.

SEA Ltd Chart View

Price could be closed to a bottom. While price has been declining, the MACD indicator has been moving higher, hinting at a potential price low in the making.

Conversion and base lines had a bullish crossover, hinting at a possible price rally. MACD is also hinting at a price rally.

A confirmation will come when price move above the cloud in the next 1-2 weeks as the cloud offers the least resistance during this time window.

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