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AAPL - Shorting on H&S Structure
Nasdaq 100 Index
Short
AAPL - Shorting on H&S Structure
By Kemsdale
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Updated
Feb 28, 2024
1
Feb 20, 2024
Apple has lost momentum here and so has the Nasdaq.
Closing most of my longs and taking partial profits on most of my trades here.
Nasdaq has broken H&S on the hourly and Apple is testing the neckline.
Target is 168 and stops at 185.
Shorting Apple is more from a risk point as Nasdaq might get pulled higher by Nvidia earnings.
Nasdaq short target would be 17200 if anyone interested.
Feb 28, 2024
Trade active
Barely in this Apple trade.
Chart Patterns
Head and Shoulders
Kemsdale
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