Technical analysis by timwest about Symbol AAPLX: Sell recommendation (9/6/2024)

AAPL is already IN a weekly downtrend. AAPL is below the mode since the high AAPL peaked 7 weeks ago AAPL had a weekly range expansion down this week to trigger a sell signal AAPL had a RESZ rally into 50-75% resistance this week after RgExp down Stop loss $226, downside $195 I also labeled Warren Buffett's sale of $100 billion worth of AAPL , but he also still has a 30% position in AAPL in his portfolio The stop is close and the downside is meaningful Granted, Apple has its new product release happening soon which will keep potential sellers from selling but it may make potential buyers hold off on buying Time will tell Tim 3:47PM EST 9/6/2024 $220.85 last -1.53