Read image notes also.
The 3 gorges dam issue in China is heating up and is expected to break in the months of july and august 2020. Long story short, IF** this does happen, there will be consequences on the manufacturing market and Apple's production could be affected. Hence I am short fundamentally on Apple.
Trade hasn't presented itself yet. The short term momentum is still bullish so my hunch is we will be on our way to 413.
We will hunt for market structure on top at 413 to see if short actually presents itself.
Idea invalidated if we keep continuing higher!
The 3 gorges dam issue in China is heating up and is expected to break in the months of july and august 2020. Long story short, IF** this does happen, there will be consequences on the manufacturing market and Apple's production could be affected. Hence I am short fundamentally on Apple.
Trade hasn't presented itself yet. The short term momentum is still bullish so my hunch is we will be on our way to 413.
We will hunt for market structure on top at 413 to see if short actually presents itself.
Idea invalidated if we keep continuing higher!