melikatrader94

Apple stock analysis

Short
NASDAQ:AAPL   Apple Inc
hello guys

As can be seen in the picture, Apple stock has formed a double top pattern and should go down at least to the indicated range, i.e. a fibo level. Until the price reaches this range, only short position is offered. It is also possible for the price start upward movement from the first compression demand.

This analysis will be updated.
Good luck!
Comment:

the orange area is great for opening short position

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