tigo2020

Short Apple APPL Below 606, Target 1: 598, Target 2: 593

Short
NASDAQ:AAPL   Apple Inc
Apple 1H Chart is showing divergence and oversold condition (RSI above 70).
If price starts to decline and breaks the uptrend line, I will go short until 598 as a first target and 593 as a second target.
If the Trend Line is not broken and price does not make a lower low, Apple will make newer highs.

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.