Stock Analysis: Apple 05/06/2022

٦ يونيو ٢٠٢٢

Apple just BO a very relevant trendline and is officially developing a downtrend. Since this a blue chip (and one of the biggest companies of the NASDAQ) I'm not eager to short without considerations. I don't think Apple will "go to zero" obviously, but this could be the beginning of a big dip and I intent to capitalize on the drop. Shorting the PB to the trendline that just BO. And maybe later buying the dip, after covering the shorts.
SL above the entry bar. No hesitation. No regrets.