Apple Inc
Short

Apple Short

Apple broke the 157.23 resistance line, but then retested and fell below. This coupled with the high volatility predicted by the BB is a sign that the rising channel will breakout and fall lower so a short position should be taken. This was seen earlier in Apple when the descending channel broke out and increased the price. If however it does breach the 157.23 line, retests and continues higher. A long position should be taken.

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