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Timonrosso
Nov 9, 2022 3:58 PM

Inv Cup and handle for Apply to $100 Short

Apple Inc.NASDAQ

Description

Inverse Cup and Handle has formed on Daily with Apple.
The price has broken below the brim level
The moving averages are all bearish 200 <21 <7 -
The first target is $100
CONCERNS
There are bullish signs with global stocks, which might cause a fake out.
We can also see a weak break below the brim level, which could make this analysis wrong.
Comments
Plutus_trades
I think you are on track but your timing is off, extend to Q1 2023
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