Apple (AAPL) was down yeasterday 1% . In the morning it went through prev high of the day and gave another $3 up move but reversed and get back below our pivot point at $601 with engulfing bear move right to $597.29. I started to trade it for Short on retest of failure point at $601 and when it confirmed resistance there from another side it built some consolidation support at $599.70ish. I mentioned that with comment on the link chart.
On the chart I mapped out selling and buying opportunities.
Apple closed on low of the day. And I expect to see some follow through below $594.43. Level of resistance at $597.29 could give another selling opportunity.
On the chart I mapped out selling and buying opportunities.
Apple closed on low of the day. And I expect to see some follow through below $594.43. Level of resistance at $597.29 could give another selling opportunity.
