AAPL (Apple) - Bearish Double Top & Momentum - 4 Hour
AAPL (Apple) stock price has double-topped below $179.11 and has established a lower-high in the price.
Bearish momentum has also begun on the MACD indicator (medium-term time frames).
Entry (short): $175.25
Profit Target +5% (exit): $166.15
Stop Loss -2.5% (exit): $179.68
Intra-day price fluctuations will occur everyday. This chart setup may take several weeks to complete.
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have reached a price resistance zone, and are showing signs of potentially reversing down.
All content is Not financial advice. Trade at your own risk.
Bearish momentum has also begun on the MACD indicator (medium-term time frames).
Entry (short): $175.25
Profit Target +5% (exit): $166.15
Stop Loss -2.5% (exit): $179.68
Intra-day price fluctuations will occur everyday. This chart setup may take several weeks to complete.
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have reached a price resistance zone, and are showing signs of potentially reversing down.
All content is Not financial advice. Trade at your own risk.
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Social Media links are in my profile.
Boost, comment, cheer, and share to support.
All posts are not financial advice.
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