AAPL had a weekly range expansion down this week to trigger a sell signal
AAPL had a RESZ rally into 50-75% resistance this week after RgExp down
Stop loss $226, downside $195
I also labeled Warren Buffett's sale of $100 billion worth of AAPL, but he also still has a 30% position in AAPL in his portfolio
The stop is close and the downside is meaningful
Granted, Apple has its new product release happening soon which will keep potential sellers from selling but it may make potential buyers hold off on buying
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.