themarketzone

Bullish trade reached target - What's next?

Short
NASDAQ:AAPL   Apple Inc
6
The bullish Crab reached its final target zone and $AAPL declined back below its downtrend line again after a short breakout attempt (false breakout).
Although it may bounce back up towards 110$, It think that the False Break signaled the top for $AAPL and therefore I've marked two bearish options on my chart towards earnings this week

Tomer, The MarketZone
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Comment:
Being bearish was the right choice

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