After earnings yesterday, Apple got it's last in final pump right into resistance, and it looks ugly from here.
I think Apple will likely top out at $156-157, testing it's 200EMA as resistance, and if it can't break above there, the future for Apple's stock price doesn't look great.
From here, Apple will likely fall below $100 over the next 2-3 years (potentially sooner). I'd become a buyer again at $66 (or lower).
Good luck.
I think Apple will likely top out at $156-157, testing it's 200EMA as resistance, and if it can't break above there, the future for Apple's stock price doesn't look great.
From here, Apple will likely fall below $100 over the next 2-3 years (potentially sooner). I'd become a buyer again at $66 (or lower).
Good luck.
Note
Beautiful so far. The top tick was at $157 and it's moved down ever since.Note
Went short 
AAPL again on the retest
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.