Apple公司看空
A 10% retracement to 119
After the trend AAPL has shown and breaking its own all time highs, it is finding resistance at 134. This is where the 1.618 Fib level is located. AAPL needs to have a close above 134 and maintain it to break to the upside. The last red candle at the top is forming a bearish evening star, which would be confirmed with a LL-LH next week means the retracement heading to 119 has started.
I'm bearish just for this possible 10% retracement, which could actually be a good entry point afterwards for a long position considering the overall trend.
AAPL has shown and breaking its own all time highs, it is finding resistance at 134. This is where the 1.618 Fib level is located. AAPL needs to have a close above 134 and maintain it to break to the upside. The last red candle at the top is forming a bearish evening star, which would be confirmed with a LL-LH next week means the retracement heading to 119 has started.I'm bearish just for this possible 10% retracement, which could actually be a good entry point afterwards for a long position considering the overall trend.
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