nmike
Short

APPLE >>>shooting star update

BATS:AAPL   Apple Inc
302 1 2
Shooting star near term target $634
...this is an aggressive short NOT an official short,that means that Apple is not in a confirmed down trend but it's over extended to the upside displayed by candle stick pattern and divergence.Generally I consider a monthly up/down trend when price is above/below 8 to14MA, the MA depends on the security historical volatility.
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