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MARKETKNOWS
Jun 8, 2019 3:00 PM

$AAPL, Should investors panic over share slide? Short

Apple Inc.NASDAQ

Description

The culprit is US policy, trade war frictions, and the dollar. If Chinese revenues continue to decline, it will have an overall impact on Apple. So I think the investors expect the continuation of the conflict and therefore selling shares ~$190 while they can...

In my view the chart shows the negative investors sentiments.

Support ~ $160 - $165

Resistance ~ $190 - $200

Prediction ~ $150 per share by EOY.

GL.
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