AAPL looking a bit bearish in a descending triangle
AAPL looking short term bearish in a descending tringle. Possible short position with retest of resistance. Target $208.
Note
However,with MACD showing some bullish divergence, there is a chance breakout could be to the North. Always wait for confirmation. This is not financial advice, it is only my thoughts and opinion, do your own due diligence, never risk more than you can afford to lose, and always use sound risk management practices,Note
Looks like this idea was negated. The bulls won and broke this pattern out to the upside.
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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.