Apple on the Path to a Short Scenario

Apple on the Path to a Short Scenario

A few days ago, we analyzed Apple and highlighted the $225 support zone as a key level. This area was broken with strong momentum and is now being tested from below – a potential opportunity for sellers?

With the test of $225 and Friday’s price action, an interesting short opportunity has already emerged, and more could follow. I see a move towards $200 as a realistic scenario, making it a viable approach to use slight recoveries for selling opportunities.

Only a sustained break back above $225 would warrant caution, as it would disrupt a clear downward trend.

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