$AAPL Correction and Downward ReversalDoes Anyone think that AAPL is due for a correction and that it will bounce down soon. I am basing this off the MACD on the 2 hour chart looking like it is at a high and may go down at any moment. I am looking to enter a put option considering it breaks down on the wedge. Looking for any opinions on this?
Cons - the 20 EMA crossed the 50 EMA yesterday but this may also be a false cross and may recross down