Apple has recently hit an all time high, however, after this all time high a strong bearish heikin-ashi doji formed followed by a long bearish candle. The price seems to be going back up for a retest at the high. The stochastic has been overbought for a while and has just recently entered back in below 80, this is also a bearish sign to consider.
The price may go down further than the red impulse leg on the 19th July and then come back up again for a touch at the top, either enter a short trade now or wait for this to get into a slightly better position.
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.