Apple Ready For A Serious Short Campaign?

מעודכן
A potential decine of up to 80% in long time favorites will certainly be unpopular. It is the same persistence in close mindedness that causes persistence in trend. It is the persistence in trends that drive prices wildly above or below fair value. As the pendelum swings reality tends to lie in the middle....

Decines in price are often seen as though there is something wrong with the underlying asset. Buyers see nothing wrong so there is no reason to suspect any decline often until it is far to late. The cause of the decline simiply has nothing to do with the underlying asset there is something wrong with buyers which can only be seen on the tape.

Persistence of trend causes buyers to fuel a continous feed back loop in one direction until liquidity runs dry, buyers are exausted, a new trend begins in the other direction and persists until once again foolishly out of proportion and reverses.

While there is no crystal ball the same the loss of momentum into a curved top is a signature signal of an exausted trend on micro and macro. The same pattern can be observed repeatedly on any time frame and typically leads to a reversal or long drawn out reaccumulation.

Current Trading Plan:
Short the high of every rally...
This is a monthly chart

Trade Well...
Your Friend,
Degen
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הערה
The above chart is indicating two volume based areas of interest for a potential MAJOR rejection on the daily chart as Apple comes up to retest the brake of the long running monthly chart trend. An englufing candle to the down side or a brake of the low of the highest daily bar as it pushes up will both serve as a good indication a large decline is begining.
הערה
still looks weak
Chart PatternsGannTrend Analysis

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