I’m going to let the chart do the talking on this post, as I have detailed much of what I am seeing on Apple (AAPL). Essentially, I think there is more downside to the stock than there is upside and that a pullback or even gap fill from late July is possible. I just wouldn’t be a buyer at these levels, because the risk/reward is clearly not in your favor.
Here’s the Apple technicals:
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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