APPL is way too bullish in my opinion. Close to it’s all time high’s. Fun fact: August and September are the worst months for the market historically. Keeping a close eye for a big reversal on APPL. Will either use its all times high’s as resistance or support. Either way if you want to play it smart you can possibly straddle long term once we hit support/resistance.
Personally on the bearish side of APPL, RSI is overbought and we are less than 7% of its high's so I am expecting a big move soon.
Personally on the bearish side of APPL, RSI is overbought and we are less than 7% of its high's so I am expecting a big move soon.