KVE

AAPL daily: Descending triangle, breakout coming...

Short
NASDAQ:AAPL   Apple Inc
10
BB squeezing, RSI flat, MACD coming to 0 line... That together with the triangle structure which might be a wave 4 (maybe other counts possible..) makes me looking for short opportunities...
Allthough a breakout above is always possible. Waiting for confirmation is the smart thing to do!

Conclusion: Neutral with short bias based on weekly chart analysis
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