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APPLE Good short term sell
Apple Inc
Short
APPLE Good short term sell
By TheCryptagon
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Jul 5, 2023
6
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Jul 5, 2023
Apple reached the top of the 4 month Channel Up and got rejected.
That is a Higher High rejection and inside this pattern, the minimum decline during such rejections has been -3.25%.
As a result this is still a good short opportunity. A -3.25% decline gives a target of 188.50.
By that time, the 4hour MA50 may come to support again.
If that's inside the RSI's Support Zone, then all the better.
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TheCryptagon
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