AAPL in Wyckoff Distribution Pattern - Sell-off is Upon Us
AAPLI first noticed this pattern in
AMZN and was trying to determine if this is an accumulation pattern or distribution. I'm convinced now by the uptrend and negative volume with red bars dominating more than green that this is BEARISH. Get ready for a major sell-off. I'm anticipating a death cross of the 50- and 200-day Exponential Moving Averages on July 2.
Please note that I am not a financial advisor. Do your own diligent research.
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