🔸️Ticker Symbol: AAPL🔸️Timeframe: 4 Hour🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: AAPL on the daily timeframe is not looking so hot. The first thing I want to draw your attention to is the bottom dashboard indicator. We can tell that our white line meaning money momentum is currently flowing out of the market and making lower highs. In conjunction with this we also have a red dot representing a key ema crossover to the downside and our middle band has shifted from green to red meaning bear market momentum. If we start in this bear pattern formation, I do believe we could see AAPL test the $150 level in the coming week. Thanks for following!
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