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R2ross

AAPL tested 238 resistance 5th day in a row, good setup to short

Short
Apple Inc (NASDAQ:AAPL)  
R2ross Updated   
NASDAQ:AAPL   Apple Inc
Trend Analysis Chart Patterns Technical Indicators AAPL apple shortidea overbought options
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trendanalysis chartpattern indicator aapl apple shortidea overbought options
AAPL

AAPL is still near the resistance, only because of the strong earnings, good news from the market, partial deal with china, etc...
Yesterday ended up against the SPY, which should be a good indicator, today ended up a bit up, because of the good NFLX earnings.

Good setup to short:
- loosing momentum
- volume - weaker
- closed against the SPX yesterday
- RSI crossed below 75
- CCI below 200
- Stochastics %K crossed below %D, above 80
- 238 test failed 5th day in a row

target 224-225
Comment:
Important event for AAPL gain today was the BREXIT deal
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