AAPL has interesting M-top pattern and usually this signifies a larger down move in the future.
the neckline is $169.00 area, and stochastic are slightly overdone on the downside, so likely we may see a slight recovery in price. For that reason I see a SELL strategy between $ 172-174 with a stop-loss above $ 185 for now. The neckline break would create objective $ 160, and once cloud support broker, we may see $ 145 in the near term.
the neckline is $169.00 area, and stochastic are slightly overdone on the downside, so likely we may see a slight recovery in price. For that reason I see a SELL strategy between $ 172-174 with a stop-loss above $ 185 for now. The neckline break would create objective $ 160, and once cloud support broker, we may see $ 145 in the near term.
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