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kcabral
Aug 3, 2018 4:40 PM

APPLE - Kiss of death - Bye bye 1 Trill! Short

Apple Inc.NASDAQ

Description

Apple is hitting upward fib channel resistance that typically sees corrections when APPL hits it. A good chance it dips from here. Take profiles and look for a better price to re-enter.

Comment

We just hit the next level of very long-term overhead resistance as we crossed the upper trend fib channel. This could be the last hurrah here before it corrects lower. It might be worth setting a short position between 217-218 but cover if it hits 221. This should yield a decent ROI. If it breaks through 221 then consider buying some more APPL as it shoots up.
Comments
CyandryMambre
Are you sure? And why?
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