Apple, Trend reversal confirmed. Its time to SAVE PROFITS !

2021年4月30日

Trend reversal eventually happened.
A trade below 131.30 which was the last low confirmed the trend reversal in Apple. I warned in my publication on 9 Apr titled " Apple to resume bearish trend" that apple will face problems with 0.618 and 0.786 Fibo Retracemnet resistances and now it came true.
Although that wave count may need some updates , Apple's last high(137.07) at least remains for several days.
Also note the nice divergence at the top between price and stochastic indicator which is a strong warning for a strong decline.

My recommendation:
If you still doubt about apple's trend reversal , use Multi Unit Trade Strategy and save some profits. you will not regret.

Good luck !

2021年5月2日

注释

This is my first publication on AAPL when it was bullish:

This wave count may need updates. I will update if necessary.

2021年5月4日

注释

Now it is very easy for every one to publish idea with "short" flag.
It is important to be prepared in advance!
Check my publication on Apr 9th (and the updates ) when it was strong bullish.

2021年5月11日

注释

AAPL lost the short term ascending trend line connecting 116.21 and 118.86 lows. In case of a trade below 118.86 completion of wave B will be confirmed.