Shorting AAPL @ $355.25
2% position
Apple shares are above where they were last week when they announced some store closings for COVID. They're hosting their WWDC today with the expectation that they'll be switching from Intel chips to ARM chips.
Unless they decide to shut down more stores, I don't see the stock going higher.
And it looks over-extended on the charts.
This might be a quick flipper, but we'll see what develops.
2% position
Apple shares are above where they were last week when they announced some store closings for COVID. They're hosting their WWDC today with the expectation that they'll be switching from Intel chips to ARM chips.
Unless they decide to shut down more stores, I don't see the stock going higher.
And it looks over-extended on the charts.
This might be a quick flipper, but we'll see what develops.
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