ForexTradingIdeas

Is APPL set for a fall to $400?

Short
BATS:AAPL   Apple Inc
2
If APPL can break below the $500 level will it then fall to $400?

Setting higher lows and corresponding new lower lows. A free fall to $400 as their is no structure between $500 to $400.

However, price is currently at the . 618 retracement level from the long up run... will it retrace 100% or will it hold? For it to hold it will need to produce new short term higher highs without any more new lower lows.

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