Apple Inc
Short

Apple Inc Peaked? Likely To Go Lower

Apple Inc (AAPL) printed a very strong bearish candle last week on high volume.

Here we have a potential peak.

We have a steep rising channel that is breaking apart and we have strong bearish divergence with the RSI.

Note: It is still too early to say though, a few more candles are needed for a better picture.

Closing below EMA10 would support the bearish view/potential.

Prices for Apple Inc (AAPL) are likely to drop.

Namaste.

Disclaimer