MoneyPatterns

AAPL - Finally Making Turn Down

Corto
NASDAQ:AAPL   Apple Inc
AAPL is very close to breaking white trendline support - Wednesday or sooner.
Price may pause at yellow line (ascending wedge pattern support line), but I feel will continue lower.
Cross of 10WeekMA and break of pink channel support line will confirm downtrend. Watch RSI for continuation.
Price should not go much lower than bottom blue line (which is long term support shown in AAPL Outter Space chart below).

I will update as we fill gaps.


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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.

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