from daily chart, +DI is about to make lower low, that doesn't mean price will reverse tonight!
It might try to reach 120+
from a weekly chart, price is pierce above upper BB bands.
from a quarterly chart, the bearish divergence is more serious, but it takes time
Do you short the share outright or via buy put options?
Things do not often go according to our way, when it is time to cut the pain, i will, so as for your case
Does dividend payment make you lose more?
Oh yes, I short AAPL using put options expiry into Jan 16, and beyond, and of course, it has incurred some losses which is within expectation
thats right you can safely say that it broke up of the channel as channel do gets break out very often.
my quarterly AAPL chart shown me different scenario with divergence, so i have convicted to hold until quarterly chart show strength.