theTrendtradr

AAPL Weekly Outlook: Bearish!

Short
NASDAQ:AAPL   Apple Inc
AAPL has undergone a huge upmove since 2009. It has created a divergence and a first leg downwards establishing a major support level. The stock is now higher, but far away from its ATH. The entire move on the weekly needs to be corrected and it is likely that the next support area could be hit (around $72)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.