Potential Strong Apple Short !

21 ก.ค. 2021

Apple has recently hit an all time high, however, after this all time high a strong bearish heikin-ashi doji formed followed by a long bearish candle. The price seems to be going back up for a retest at the high. The stochastic has been overbought for a while and has just recently entered back in below 80, this is also a bearish sign to consider.

The price may go down further than the red impulse leg on the 19th July and then come back up again for a touch at the top, either enter a short trade now or wait for this to get into a slightly better position.