FiboTrader1

Too much hype behind AAPL

Short
NASDAQ:AAPL   Apple Inc
AAPL

I just have to LOL at AAPL's price right now. With no change to P/E, there's no justifying this unreal price hike. As the chart shows, this stock has gone parabolic and will inevitably crash. My first PT is 325, but it may run up to resistance at 480-500 first. If AAPL falls below 435, consider the shorts in control.
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.