Moshkelgosha

Is this a good idea to short apple now?

Education
Moshkelgosha Updated   
NASDAQ:AAPL   Apple Inc
AAPL is in a downward trend since January 4th, 2022!'

Although AAPL could go down another 10% in the coming weeks, I believe this is not a good place to short it just before the Quadruple Witch(March 18th).

Education:
If you detect a Downward regression channel try to open a short position in the upper half or at least near the midline..!

The biggest problem with many traders is:

They divide the market to Buy/Sell or Long/Short, but they should know there is "No Trade Zone" as well..!


Best,

Dr . Moshkelgosha M.D

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

* I have a long position.


Comment:
At the top of the channel and made a head and shoulder in 5 minutes chart..!

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