AAPL objective long setup

18 במרץ 2021

AAPL gapping up above the down trend line and making a perfect back test. From the technical perspective, it is an objective long entry. I would enter this trade with a tight stop. If AAPL pushes up to ATH anytime soon, it is very likely to extend the negative divergent. Moreover, it gets there that quickly, it will most likely to be overbought as well. To be clear, I am long AAPL short term but mid term bearish.

Have a good trade everyone,

T.s