Apple (AAPL) Completed Bat Pattern.... Another chance to short ?
Apple completed a Bat pattern on April 20th on a 60 minute chart.
The initial target from this pattern was the 285 area.
This was hit on April 21st.
We have rallied and as harmonic patterns usually have a second chance, there may be an additional short apportunity
in the $290 area.
As always look at the general market and the specific sector for direction. Confirm with a reversing overbought RSI.
Good Luck
S.
The initial target from this pattern was the 285 area.
This was hit on April 21st.
We have rallied and as harmonic patterns usually have a second chance, there may be an additional short apportunity
in the $290 area.
As always look at the general market and the specific sector for direction. Confirm with a reversing overbought RSI.
Good Luck
S.
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Edit Initiai target should read 268.