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SynergyTradingSetups
Apr 21, 2023 3:26 PM

APPLE MASSIVE SHORT Short

Apple Inc.NASDAQ

Description

Apple is currently at the top of a rising wedge and has developed three counts of bearish divergence on the daily time frame. It has also completed a bearish cypher reaching the 0.786 on what seems to be a confirmation high.


The weekly time frame also shows that it has reached the resistance which has held on 4 previous occasions



I AM currently short with 75% of the position I want to take on this. I will add the other 25% at a higher price or I will enter at the break of the wedge. For now I only plan on closing the short at a price above 176, but it depends how we get there so I will update in the comments.
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