This Is Where Pro Traders Will Short $AAPL

Some simple stock chart analysis reveals where the pros will be shorting shares of Apple Inc. (NASDAQ:AAPL). It is not for almost $5 more Dollars to the upside, so put on your patience hat and relax. This market is still going to head above 20,000 on the Dow Jones Industrial Average into January 20th, when Donald Trump is sworn in as President. Being almost two weeks away, Apple Inc. will still easily reach its upside target of $123.50. At this point, there will be multi-layered resistance and the top pro traders will begin to short. The top pros expect at least a 10% decline before a significant bounce and maybe more downside after. Be ready as this target will likely be hit before earnings, putting Apple Inc. on pace for a sharp decline after earnings.