APPLE Breaking Trendline
Apple appears to be breaking trendline support after earnings were released. Slowing Iphone demand gives a bearish forecast going into the end of the year. If trendline is confirmed broken in tomorrow's trading, look for a retest of the trendline before going short. The next two major support zones are ~$105 (which conincides with .382 fib) and ~$100.
Disclaimer: This is just an idea and not considered investment advice. Trade according to your own rules and risk tolerance.
Disclaimer: This is just an idea and not considered investment advice. Trade according to your own rules and risk tolerance.
Disclaimer
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