WinnerTrader99

AAPL targting area between 130-120 .. these are suggested ideas

Short
WinnerTrader99 Updated   
NASDAQ:AAPL   Apple Inc
For time been its shows that shares are in Bullish pattern to make a new fresh top to get the power to drop again to the latest bottom at 146.56 at least and then possible other bounce which can form W double bottom shape which consider as confirmation for long investors (low probability) . But if Apple shares broke the recent bottom at 146.56 then this will be confirmation for down trend targeting previous gaps below 130-117-100.. (high probability). we can see indicators showing positive weak uptrend Money flow index and RSI showing up trend too. to break the latest bottom will be not easy as candles-sticks pattern is very reliable for bullish uptrend which suggest that we will have continuous bounce until make new small top (green curves) then continue drop again so as summery the long term is SHORT and short term is Long targeting Fibonacci resistances as its shown .. i was suggested apple to drop up to 170 when it was 220 now its reached beyond that and even broken February bottom at 150 days ago.. so this also gives more probability to further down trend and of-course supported with bad news for company ;)
Comment:
As we can see a massive drop in AAPL shares . i noticed down trend signal 2 days before the announcement of aapl earning.. good luck

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