AAPL has been rejected from the 260 level and has been trending down since then. The monthly chart indicates a possible extension down to the 190-200 zone of the long-term uptrend support. We could be in a terminal fifth long-term uptrend wave, which will be confirmed in the case of a break below 190. Learn to Trade Stocks Profitably.
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The AAPL weekly chart below reveals strong downside continuation. At this point, sell positions have a greater probability of success. The downside extension is visible, and as long the AAPL is below 225 we should see a test of 190 in the medium-term. A break above 227 would invalidate the downside extension.
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It is a fact that a strong downside support for Q2 2025 is 190, and If we get a confirmation of a breakout and a sustained extension below this level, we could see a complete reversal downside. You can take the short trade here with a stop loss above 225 as the probability for a swing lower is greater. For inquiries about account management or copy trading, please write to [email protected] or contact me on WhatsApp or Live chat.
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