Short Trap on Apple

aapl

Interesting setup on Apple today. I shorted for 30 cent wins, but the retracement to $131 did not happen. Apple held the $131.70 level very well and setup a good trap. Be careful shorting Apple, seems ready to retrace back to all time highs.
AAPLappleChart PatternsFundamental AnalysisTechnical IndicatorsLONGshortshortingshorttrap

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