Apple May See a Further Decline

This stock is featuring for the first time on our TradingView blogs.

Current setup: Price is looking weak and trading below both the daily 50 & 200 simple moving averages.

Conclusion: It is too early to look for shorting opportunities just yet but if price remains below the daily 200 simple moving averages then short trade setups may start to appear.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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