AAPL is at a extremely overbought RSI zone and trendline resistance. This is not good if you want to take a long position!
If we study how it behaved every time we saw these levels we can clearly see theres a 90% chance apple is lower than 160 in the next few weeks/months.
just to be clear, I'm bullish longterm! but in my opinion we will see dip entries in the near future.
like and follow for more, thanks💘
If we study how it behaved every time we saw these levels we can clearly see theres a 90% chance apple is lower than 160 in the next few weeks/months.
just to be clear, I'm bullish longterm! but in my opinion we will see dip entries in the near future.
like and follow for more, thanks💘
Comment:
Broke the big resistance, longs will continue to make money unless it breaks back below. Look for retest for long entry If not in yef
Comment:
Looks like it was a long trap ! :) as predicted. Congrats to anyone who added aapl puts at end of day