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AAPL (Apple) - Bearish Double Top & Momentum - 4 Hour

AAPL (Apple) stock price has double-topped below $179.11 and has established a lower-high in the price.

Bearish momentum has also begun on the MACD indicator (medium-term time frames).

Entry (short): $175.25
Profit Target +5% (exit): $166.15
Stop Loss -2.5% (exit): $179.68


Intra-day price fluctuations will occur everyday. This chart setup may take several weeks to complete.

Utilize stop loss, profit targets, position sizing, and risk management.

Note: Many stocks and ETFs have reached a price resistance zone, and are showing signs of potentially reversing down.

All content is Not financial advice. Trade at your own risk.
AAPLappleBearish PatternsDIADouble Top or BottomoptionstradingQQQshortSPDR S&P 500 ETF (SPY) StocksSupport and ResistanceTrend Lines

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