Technician

Apple: Retesting Resistance Area

NASDAQ:AAPL   APPLE INC
1676 5 31
I am not suggesting a trade, i am just outlining this key area.
Apple             shares is retesting a crucial area at the 52-week Simple moving average and previous horizontal support among 120.00-124.00 region. I would be very cautious at current levels. If we break higher it could bring more upside.

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That looks very bearish, this 'dead cat bounce doji top'.
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ChartArt ChartArt
But if bulls can take out this doji in the upcoming week, it would lead to a massive short squeeze spike upwards.
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Long sell I opened ... I guess it is very bearish
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