Apple IncShort
Aapl
Retesting resistance here at 237.. I've outlined with circles .. also retesting 20sma... I don't think price breaks back over this area.. my target is 216 gap, maybe lower but the 200sma must be respected. Stop loss over 240 or 50sma
If price breaks back above 242 then I was wrong and 250 is coming
If price breaks back above 242 then I was wrong and 250 is coming
Note
Update.. earnings came Blah.. price is up 3%...
Upside resistance 246.50- 247.00
Support is 242.00 and below that 239.00
Most likely price retest 242 tomorrow minimum... Then we'll see.. what happens.
A 3% move means both sides crush here
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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.