jbird7839
Short

AAPL - Finally Making Turn Down

NASDAQ:AAPL   Apple Inc
AAPL is very close to breaking white trendline support - Wednesday or sooner.
Price may pause at yellow line (ascending wedge pattern support line), but I feel will continue lower.
Cross of 10WeekMA and break of pink channel support line will confirm downtrend. Watch RSI for continuation.
Price should not go much lower than bottom blue line (which is long term support shown in AAPL Outter Space chart below).

I will update as we fill gaps.


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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC , BTCUSD , GDX , VIXY .
Short SPY and AAPL .
wich yellow line? too late to enter? im rethinking my strategy. it doesnt want to pull out.. back.
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jbird7839 RobFlorio
@RobFlorio, I still think we have maybe 1 week before it turns over max.
Weekly RSI is at 80!
I added to my puts for Dec. 20 and Jan. 17.
Yellow line is ascending wedge support (the triangle).
Newer chart below with Weekly trend. Even more overbought due to today.
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i cant trade apple. it moves like a turdle but wins the race.
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The one minute chart is starting to look UGLY
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jbird7839 Swiss2BBQ
@Swiss2BBQ, I can never really trust the one minute. This is where the algo's are.
I swing trade mostly. 1hr, 4hr, daily, weekly, monthly. One minute is too detailed for me. But that's just me
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Bingo
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