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Finding Short-Term Direction For Apple

Published 08/26/2016, 12:18 AM
Updated 07/09/2023, 06:31 AM

I'm going to let the chart do the talking on this post, as I have detailed much of what I am seeing on Apple (NASDAQ:AAPL). Essentially, I think there is more downside to the stock than there is upside and that a pullback or even gap fill from late July is possible. I just wouldn't be a buyer at these levels, because the risk/reward is clearly not in your favor.

Here's the Apple technicals:

AAPL Daily

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