FlashPointTrading
Short

AAPL 5 Waves Near Top of LT Channel

NASDAQ:AAPL   Apple Inc
Each of the previous two peaks (waves 1 & 3) inside the rising channel resulted in an approximate $45 price decline in approx 1 year.
Currently nearing top of rising channel (Wave 5) which may present a good opportunity to exit or protect long positions.
Short traders should exercise patience and watch supporting indicators prior to entering new positions.

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