Apple gets rejected at a layer of technical resistance

While I am definitely not bearish on Apple (AAPL), earlier this week the stock further bumped into a layer of technical resistance, and then was rejected by it. Upon a confirmation selling day AAPL stock may set up for a mean-reversion trade to the downside.

Watch the Free Video for the trade setting up in AAPL stock.

Watch More:

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Serge’s Daily Trading Tips

Subscribe now and get clear, actionable, and relevant trade ideas!

By giving your contact info you agree to receive future emails from The Steady Trader including educational and promotional content. By providing your mobile phone number and clicking on the above “Subscribe” button, you agree to receive automated promotional messages from us via SMS. By opting into our SMS Program, you agree to our Terms and Conditions and Privacy Policy.