Overbought indicators level - Candlesticks forming small top - Negative divergence with RSI - BUT --> 3 scenarios are expected:
A- falling breakdown 142-140 to retest 136 (previous top)
B- Consolidate between 150-140 as 140 is the base then ATH 155 then correction! to channel bottom between 128-132
C- Bounce strongly from 138-140 targeting ATH below 160 then correction!
The basic idea is to sell/short during strength!! BUT Earning is not far away - around 2 weeks - Good luck .
A- falling breakdown 142-140 to retest 136 (previous top)
B- Consolidate between 150-140 as 140 is the base then ATH 155 then correction! to channel bottom between 128-132
C- Bounce strongly from 138-140 targeting ATH below 160 then correction!
The basic idea is to sell/short during strength!! BUT Earning is not far away - around 2 weeks - Good luck .
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$AAPL Same as plan B-C targeting 128-132 and lower!
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