nickso833

short apple

Short
nickso833 Updated   
NASDAQ:AAPL   Apple Inc
looking from a weekly perspective if the price can hit 192 again id look for a short position, take some profit as this is having a hard time breaking the price action between 192-198.

Comment:
Price peaked at 199 USD, price violated at 185 prepare more downside next price target down would be around 175 which was a previous support. Once price consolidates and sellers lose momentum Id prepare for a strong turnaround to the upside once the downward momentum loses steam. long term moves to the downside on apple will only provide an opportunity for those once Apple comes out with more profitability if interest rates were to be cut before 2025.
Comment:
Price reversed BUllish around 178 will retest previous highs of 199

infamousnicone
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