Where to short AAPL? I think the red line price of $219.71 is a strong resistance because it is the price where there were 2 previous lows (first 2 red arrows pointing up).
Take note that there is a chance that the recent low point is the end of the entire correction if that is a wave C. My Primary count that it is just wave 1 of C is a BIAS. Just keep that in mind.
I would say that the stop loss is about $10 above $219.71.
Good luck!
Take note that there is a chance that the recent low point is the end of the entire correction if that is a wave C. My Primary count that it is just wave 1 of C is a BIAS. Just keep that in mind.
I would say that the stop loss is about $10 above $219.71.
Good luck!
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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.