Apple IncShort
AAPL - Objective Short Entry on a Bull Trap
Apple is backtesting the trend after a severe slice through it. An impulsive rejection of the trend here after the backtest would be a long term bearish indication for the company. United States consumers will no longer be able to afford Apple's expensive portfolio of products, this will cut into their profit margins in a big way. Kiss the stock buybacks goodbye also.
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