The Big Short (Apple)

-Hawk

Nota

It seems to be, as though Apple is one big bubble. Most likely it will be one of the first 'majors' to go bankrupt in the upcoming depression.

They sell ancient hardware at highly overpriced rates. The only reason why they have good performance, is because they have been using the same simple software for many years.

They are outperformed by many other companies, and this "smartphone craze" bubble is coming to an end. It was fun in the early 2000s, but now it's time to be realistic.

Anyway, trade position:

Short Entry: 380
Stop Loss: 402

TP1: 278
TP2: 240
TP3: 191

You can leave a small position running for TP4, in case it comes crashing down even harder.

Nota

My previous Apple play (Long at the bottom)

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