Jonscott31

Trend line broke now long term consolidation

Corto
NASDAQ:AAPL   Apple Inc
With the rotation of the market and high treasury yields growth stocks are gonna cool off. With Apple breaking its trend line I don’t see us surpassing $145 again for a while.. there is strong support so I don’t see aapl going full bear either but I think it’s likely we will retest the $110’s
I’ll be holding off on any big plays till we proof the new ground which I see it at $108. Good luck

Ps. After this big dip it’s possible to see $130’s again for short term call options which I am currently playing.
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