AAPL daily Outlook

Jan 3, 2019

We all seen what happened to Apple January 2, 2019. It sure looks like Apple may be on sale, but not quite yet. Notice the gap from the after-hours trading that should get filled before the next leg down. There is another gap that was not filled and is like a radar to traders as a potential bottom at the $122 level. I would keep a watch on Apple and if we fill the recent gap and then break below it, $122 is the next logical price for the Bears.

This chart requires sophisticated analysis than what is obvious, so my apologies for keeping it really simple! I am waiting for the gap fill and retracement before I commit to a short position. I will accumulate at the $120 level and lower, if possible! Consider the trade war and Apple current market-saturation. It's gonna take something big to reignite Apple stock!

Jan 3, 2019

Note

****Correction****
This chart requires [NO] sophisticated analysis than what is obvious, so my apologies for keeping it really simple! I am waiting for the gap fill and retracement before I commit to a short position. I will accumulate at the $120 level and lower, if possible! Consider the trade war and Apple current market-saturation. It's gonna take something big to reignite Apple stock!

Jan 3, 2019

Note

****Correction*****
This chart requires "NO" sophisticated analysis than what is obvious, so my apologies for keeping it really simple! I am waiting for the gap fill and retracement before I commit to a short position. I will accumulate at the $120 level and lower, if possible! Consider the trade war and Apple current market-saturation. It's gonna take something big to reignite Apple stock!