Apple IncShort
AAPL correction coming ?
According to Wyckoff structure theory we are now at UT/UA phase were we should go lower in the structure.
in addition we got earnings coming out 31 October.
My scenario: we will see AAPL breakout of the structure but for small range, couple dollars max.
and from there till the earnings we will keep moving sideway OR re-enter the structure and face the upper line as resistance -> and with earnings announcement we gap down to 210$-220$ area if not more.
*After earnings announcement will update
in addition we got earnings coming out 31 October.
My scenario: we will see AAPL breakout of the structure but for small range, couple dollars max.
and from there till the earnings we will keep moving sideway OR re-enter the structure and face the upper line as resistance -> and with earnings announcement we gap down to 210$-220$ area if not more.
*After earnings announcement will update
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