Ok, traders, AAPL failed in closing the first candlestick above the 126, which was our condition to believe it could go up once again, and it hit our technical target at 124 and it is sitting right there now. It also filled a gap.
If AAPL does anything good again, this could offer another chance to trade it, either long or short, but now, I see nothing worth my time, as someone who’s out of it. Any bullish pattern could lead it to the 126 again, and if we see any bearish pattern around the 126, could be a chance to short it. The scenario is simple.
We have one support at the 122 that it is worth to notice. Meanwhile, I’ll keep you guys updated about my AAPL insights. Now I’m out of almost all my stocks, including AAPL, just waiting for another big chance. I'm not sure about what the market will do next, but I'm sure we'll find something to do. I recommend my other analysis, link below this post.
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