Chart signals (gap fill, extension) indicate a potential short opportunity for Apple.
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I'm watching Apple closely. Apple yesterday filled this gap. Look at the big gap here. and then another gap here. This big drop on the back. I believe that was earnings if I'm if I remember correctly.
Um but either way, the gap fill now signals that I am now interested in a swing trade short on Apple. I haven't taken a position yet, but I'm going to be eyeing this today.
The iPhone, the new iPhone apparently is starting to take orders, pre-ell, and the the amount of delay. So, it shows how much demand there is. It's slightly better than last year, but it's not overwhelming.
Probably because gas and diesel prices are so high and everyone's getting stretched, right? But the point is is that this move back up might have gotten a little extended. The chart is now signaling a short on Apple and I am listening very closely to that chart.
What this channel has said about $AAPL
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