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7pasos
Apr 24, 2013 7:45 AM

Still a long way to short Short

Apple Inc.NASDAQ

Description

As you know I published a long term chart showing the bearish implications for AAPL due to a huge H&S tradingview.com/v/FzwG3S4b/. The prognosis still the same, and even when in the short term an upside pullback could appear, the scenery even in the daily chart shows the same down side direction.
As you can see, there is a movement that shows two bearish impulses, the last one still not confirming that have ended, and after it could be a retracement, if this gets under the 50% the very most probability will remain downside because imply a wave 4 and, there fore the 5 will be underway.
Comments
planetcreation
Very nice commentary. :)
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