Get started
Apple Inc
Short

$AAPL finished 19 weeks of rally from its 19 week mode

724
AAPL is already IN a weekly downtrend.

AAPL is below the mode since the high

AAPL peaked 7 weeks ago

AAPL had a weekly range expansion down this week to trigger a sell signal

AAPL had a RESZ rally into 50-75% resistance this week after RgExp down

Stop loss $226, downside $195

I also labeled Warren Buffett's sale of $100 billion worth of AAPL, but he also still has a 30% position in AAPL in his portfolio

The stop is close and the downside is meaningful

Granted, Apple has its new product release happening soon which will keep potential sellers from selling but it may make potential buyers hold off on buying

Time will tell

Tim

3:47PM EST 9/6/2024
$220.85 last -1.53
timwest
Wizard
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
timwest
Wizard
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.