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turtlebuster
Jun 18, 2021 1:14 PM

AAPL Rising Wedge: A Bearish Pattern  Short

Apple Inc.NASDAQ

Description

TA: It's a bit hidden from plain sight but on closer examination, you will see a rising wedge, which typically indicates a bearish reversal. The approximate price target is around $100 by the year's end.

FA: Supply chain issues could put downward momentum on the stock price.
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