Camar13

Apple - long or short?

NASDAQ:AAPL   Apple Inc
As we can see in daily Apple chart, price is in its lowest point of September. Also this zone (110 price) is a support zone. If price will break it and go down- then we can expect a bigger correction at least to 99 price level.

So to go long - you should wait for price to bounce back from 110 level.

To go short - you shold wait for price to break 110 level.
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