sammyyr

AAPL profit taking down to $465

Short
NASDAQ:AAPL   Apple Inc
AAPL has had quite the run lately and it looks like profit taking has begun prior to the upcoming split.

This morning we had the initial move down with a 13 EMA/30 SMA hourly crossover. This is accompanied by a lowering RSI as well as high volume.

Our target is the support at the 61.8 Fib level above $465.

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