TRIPLE TRADES Message Board

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Strategies & Market Trends : TRIPLE TRADES

OPEN 7.230

+4.5%

3:59 PM EST

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To: Bull RidaH who wrote (294)	1/25/2021 12:40:31 PM
From: Bull RidaH	Read Replies (3) of 4394

AAPL Update - The topping/reversal target given in the post this one responds to was met today at 141.63, and a reversal appears to be under way. The coming downswipe could quickly revisit the high 120's, but to head further south, the stock price will need to break down out of the rising channel seen below. So in keeping with the golden rule of NEVER shorting a stock in a rising channel, I would advise great caution in shorting this one until it breaks down from the rising channel, below 128. Credit to BK for highlighting this rising channel in his most recent AAPL chart.

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