Apple IncShort
APPLE MAJOR TREND REVERSAL SELL OPPORTUNITY
APPLE STOCK IS TRADING AROUND IT'S ALL TIME HIGH RANGE ABOVE USD 320. AFTER CROSSING PSYCHOLOGICAL MARK OF USD 300 BULLS SEEMS TO HAVE EXHAUSTED. THERE ARE MULTIPLE TECHNICAL INDICATORS SUGGESTS US THAT STOCK MAY GET MAJOR REVERSAL TO THE DOWN SIDE.
1) RSI BEARISH DIVERGENCE ON DAILY CHART.
2) RISING WEDGE PATTERN BROKE TO THE DOWN SIDE YESTERDAY 05-JUNE,2020 (ON H-1 TIME FRAME) MAY RETRACE OR FALL UPTO USD 300 MARK.
3) BULLISH GARTLEY FORMATION AGGRESSIVE "D" LEG (MAJOR BEARISH MOVE TARGETING COMPLETION OF BULLISH GARTLEY FORMATION AT USD 181.44)
COMBINING ALL OF ABOVE TECHNICAL ANALYSIS, TRADERS CAN SHORT THE STOCK FOLLOWING THEIR SHORT TERM OR LONG TERM VIEW POINT.
1) RSI BEARISH DIVERGENCE ON DAILY CHART.
2) RISING WEDGE PATTERN BROKE TO THE DOWN SIDE YESTERDAY 05-JUNE,2020 (ON H-1 TIME FRAME) MAY RETRACE OR FALL UPTO USD 300 MARK.
3) BULLISH GARTLEY FORMATION AGGRESSIVE "D" LEG (MAJOR BEARISH MOVE TARGETING COMPLETION OF BULLISH GARTLEY FORMATION AT USD 181.44)
COMBINING ALL OF ABOVE TECHNICAL ANALYSIS, TRADERS CAN SHORT THE STOCK FOLLOWING THEIR SHORT TERM OR LONG TERM VIEW POINT.
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