After AMZN it seems it is now time for Apple to enter a bearish cycle. The stock is in double shoulder-head configuration, a very bearish pattern. The neckline of the figure has been broken today. Volumes are present. Conclusion: SELL !!!
Trade active:
Q3 results are not as good as expected, iphone sell volumes are decreasing, the bearish phase is now confirmed on Apple.
First Objective is 200$, second one is 190$.
First Objective is 200$, second one is 190$.
Trade closed: target reached:
190$ has been reached; trade completed;