benstadler

AAPL all good things come to an end

Short
NASDAQ:AAPL   Apple Inc
AAPL is at all time highs just reaching the 1.414 level on the Fib retracement and bearish butterfly pattern. With the RSI nearing 80 and MACD also extremely high expect a large correction soon. If it doesn't come at the 1.414 level expect it near the 1.618 level. This setup is looking very similar to it's crash last year. The stock could lose 15-20% of its value.
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