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This Will Seal The Fate Of Apple $AAPL

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Money Talk > Investing, Stocks and Bonds

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inthemoneystock
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This Will Seal The Fate Of Apple $AAPL  Reply with quote  

Shares of Apple Inc (NASDAQ:AAPL) have been unable to bounce over the last few days, after pulling back from all-time highs. This chart formation is known as a bear flag. In addition, if you connect the recent lows of the last month (as seen in the chart below) you can clearly see a breakdown is taking place. This seals the fate of $AAPL in the near-term, a solid drop is coming. Investors should be short shares of Apple, looking for a downside long-term target of $121.50.



Gareth Soloway
InTheMoneyStocks[/img]
Post Wed Apr 19, 2017 7:37 pm
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