DocCDS

Shorting Apple, tech bubble?

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DocCDS 已更新   
NASDAQ:AAPL   Apple Inc
Hello everyone, today I explain why I decided to short Apple. In the past few months Apple skyrocked (wedge pattern) breaking every record it did in the past years, but actually if u see the chart there's a big RSI divergence and the title has droppen from 155 to 142. For me the price target is between 130 - 110 dollar per share. Also the balance sheet operation of FED will put the stock market in a difficult situation cuz it will stop to buy assets-->massive sell.
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