After reaching an intraday All Time High 3 days ago.... the minutes after that told different story
Things started to turn sour, without the "Group of Institutional selling", the price of AAPL will not drop that fast
As if there is a conspiracy to mass sell at 103 USD. (My monthly AAPL MACD already warned that before the massive selling)
Last night, after a second lower low, day trader saw the MACD bullish divergence opportunities to long the price back to resistance at 100. And it did but only momentarily.
Resistance at 100 was tested twice and both failed.
Tonight we will witness whether 98.2 provide another resistance, if it does and fall further by close, it is gonna be a first big bear bar since 4 april 2014.
I shorted it at 102 using options :-) (although losing initially)
Cheers
Things started to turn sour, without the "Group of Institutional selling", the price of AAPL will not drop that fast
As if there is a conspiracy to mass sell at 103 USD. (My monthly AAPL MACD already warned that before the massive selling)
Last night, after a second lower low, day trader saw the MACD bullish divergence opportunities to long the price back to resistance at 100. And it did but only momentarily.
Resistance at 100 was tested twice and both failed.
Tonight we will witness whether 98.2 provide another resistance, if it does and fall further by close, it is gonna be a first big bear bar since 4 april 2014.
I shorted it at 102 using options :-) (although losing initially)
Cheers