AAPL is already IN a weekly downtrend.AAPL is below the mode since the highAAPL peaked 7 weeks agoAAPL had a weekly range expansion down this week to trigger a sell signalAAPL had a RESZ rally into 50-75% resistance this week after RgExp downStop loss $226, downside $195
I also labeled Warren Buffett's sale of $100 billion worth of
AAPL, but he also still has a 30% position in AAPL in his portfolioThe stop is close and the downside is meaningful
Granted, Apple has its new product release happening soon which will keep potential sellers from selling but it may make potential buyers hold off on buying
Time will tell
Tim
3:47PM EST 9/6/2024
$220.85 last -1.53
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.