Apple IncShort
AAPL - Peoples stock just double topped
AAPl have been pushing to reach its all time highs at 100ish... Though with no extra cash earn in the past couple years it is out of steam. It seams it just double topped days after earnings. It is also sitting at picture perfect AB/CD pattern and 1.618 fib.ext of "XA" leg. RSI is tripled top and its diverging from the new highs. Short Entry with stops above all time high and targets at 0.618 fib.retr. of last )BC) leg, which confluence with major sup/rest. area (red/green line).
R/R/R is 1 to 3 :)
R/R/R is 1 to 3 :)
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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.