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smcjg
Jan 26, 2018 12:33 PM

APPLE Bearish Momentum To Continue Short

Apple Inc.NASDAQ

Description

The $170.00 level is a very important support for the share price. It may hold it into earnings but then it could break it lower. Aggressive traders can buy it at $170.00 for a few Dollar bounce, but I would rather wait for the bounce to possition myself short for some sessions. It seems the share price in looking for a lower support (at least $164.00 - $162.30) in order to gain some bullish momentum back.

Good luck fellow traders
Comments
wolfy5000
Looks like you got this spot on
smcjg
@wolfy5000, thanks! Once in a while I have to get it right :-P
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