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JVS_Signals

Apple Short Scenario

Short
Apple Inc (NASDAQ:AAPL)  
JVS_Signals  
NASDAQ:AAPL   Apple Inc
Trend Analysis Technical Indicators Fundamental Analysis apple appleinc applestock appleshort applesell applesignals appleanalysis applecrash appleforecast
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trendanalysis indicator fundamental apple appleinc applestock appleshort applesell applesignals appleanalysis applecrash appleforecast
AAPL Signal
  • Entry - $154
  • Target - $103
  • Invalidation - $180
  • Risk to reward ratio - 1.9
Technical confirmations
  • RSI divergence showing the weakness.
  • Price formed a lower high since All Time High.
  • If the price breaks the upward channel and support then it should continue dropping to 0.618 Fib zone.
Fundamental confirmations
Why should price reach Target level?
  • 82.5% shares being held by institutions and Top 5 institutional investors share volume change in the past reporting date is -6.5%.
  • Cash of company increased due to a debt, but financing and investing sectors of a company fell a lot during Q1 22.
  • Estimated earning of 2022 1.43 (0.7 lower than 2021).
  • China COVID lockdown increase delay of Apple product shipments.
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