AAPL | 1W | Start scaling in for an epic trade Short

Apple Inc.NASDAQ

Description

⋅ Nov 16, 2019 7:57 AM

This is a 1 week time frame. Using RSI - Relative Strength Index to supplement the down trend of the candles.

notice when the Blue line bear crosses down the orange line, price break down. same goes for the uptrend.

Notice all the correction have happened since 22 Aug 2016.

It's not ready yet but it's almost time for a correction. start scaling in and prepare for the epic break down in AAPL and the market.

Feel the euphoria of the news, media, traders. Everyone excited and happy.

I remember this to be true and one in the same when BTC rose to 20k then came crashing down.

It's coming traders. load up and be patient.

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SPY SPX #SPY SPX QQQ #AAPL AAPL

Trade active

⋅ Nov 16, 2019 7:59 AM

Here's the 1 day.

Comments

alimannn

⋅ Nov 16, 2019 9:57 AM

OptionsUN1TED

⋅ Nov 18, 2019 1:46 AM

@alimannn, great chart. a ride down to 4th wave complete is good enough for me.

MoneyPatterns

⋅ Nov 17, 2019 2:50 AM

I agree. AAPL is extremely overbought. A 8% pullback will still be in a bullish trend. If we get more than 15%, I think the whole house of cards might be ready to come down for a 20-25% discount :)

OptionsUN1TED

⋅ Nov 18, 2019 1:45 AM

@jbird7839, Chart looks good. thanks for adding. Followed you.

MoneyPatterns

⋅ Nov 18, 2019 1:49 AM

@OptionsUN1TED, Thanks. If you like to expand your https://knowledge....https://www.youtube.com/watch?v=vBNSOwUauGc
"How 2019's Market Top Parallels to the Time Right Before the 2008 Financial Crisis (w/ Sven Henrich)"
During the interview he basically says that AAPL hasn't increased revenue since 2015.
Investors are paying almost double because the stock buybacks falsely inflated the value.
35min30sec - "No bull market with central bank intervention. It is a false construct. Markets remain artificially inflated" LOL
I have literally been saying artificially inflated on here before this video was made.

MoneyPatterns

⋅ Nov 18, 2019 1:53 AM

@jbird7839, Sorry...Link didn't copy https://right..https://www.youtube.com/watch?v=vBNSOwUauGc

MoneyPatterns

⋅ Nov 18, 2019 1:53 AM

@jbird7839, It's taking you tube off the front. Nevermind

OptionsUN1TED

⋅ Nov 18, 2019 11:28 PM

@jbird7839, thanks, i'll find it