Apple
Singkat

AAPL Short (High Risk)

(High risk) : due to significant up trend strength
Is this a hard trade? Yes
Reward/Risk asymmetry is present with targets <= 120

Potential for high velocity momentum breakdown in multi-year AAPL bull trend
IF
Short term (near term high) momentum down anticipated to carry price through trend line lower without meaningful break of near term high
ELSE
Market price proceeds to "hug" (rise at similar angle to) trend line higher, will nullify impact of trend line momentum break and the opportunity

Note:
This observation is in conjunction with other US tech market leaders showing similar potential
AAPLappleBeyond Technical AnalysisnasdaqS&P 500 (SPX500)

Penafian