7pasos

Still a long way to short

Short
BATS:AAPL   Apple Inc
0
As you know I published a long term chart showing the bearish implications for AAPL due to a huge H&S 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.

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.