trading2day

At important resistance

Short
NASDAQ:AAPL   Apple Inc
1
Weekly chart shows price testing weekly Kumo (cloud resistance) and the downward sloping TL as stochastic has entered overbought levels. Bulls need to be very cautious as we can test support at 104$. If broken I would expect more selling to push price towards February lows.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.