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theapearmy

$AAPL - Hard Rejections

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Apple Inc (NASDAQ:AAPL)  
theapearmy  
NASDAQ:AAPL   Apple Inc
Trend Analysis Chart Patterns Fundamental Analysis AAPL short rejection optionstrading Bearish Patterns
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trendanalysis chartpattern fundamental aapl short rejection optionstrading bearish
$AAPL faced 4 rejections at ~$156.48 which is acting as strong resistance.

Note as the largest holding in $SPY, AAPL has a significant impact on the overall market direction.

I anticipate further downside after this latest rejection and see $160+ as low probability.
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