AAPL has formed a classic double top,if it closes below todays low tomorrow or the next few days,its a short for a very quick 20 points.
Except for some two drops in '08 and one in '06, AAPL's been a strong buy for the past 10-years! You'd be up over 1000% in that time or +75% in the last year alone. Much easier to just hold it rather than trying to squeeze out a measly 10% here and there. There are better stocks to be actively trading, such as VCI. Up 500% this year alone, with 20-25% swings for those tracking breakouts and reversals.
how to spot a bad trader in public forums? anyone wanting to short one of the strongest stocks in the market
how to spot another bad trader on a forum? decides not to short a strong stock when it starts breaking down. remember,i said a quick 20 points; who care's if it resumes its down trend. i am already up nicely.