Is the apple a bit too overheated?


It made a new all-time high today as of ~10 AM EST.

The industry was weak and jumped up today in the CUE Edge scorecard. Is it a sign of strength or false strength? Time will tell.

The stock is fundamentally overvalued (as per CUE Vital) with reducing earnings as well as revenue growth.

Technicals are overbought in both weekly and daily.

Will you buy it now? I would not. It is too heated up to buy at this all-time high in my style.

What is your view of trying to short AAPL? If not today, sometime soon? If today, which technique and what instrument would you use? There is no right or wrong answer. It is up to a trader's technique, preference, and discipline in risk management.

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Were you still analyzing and deciding? Or did you short $AAPL at the very top like I could - using CUE systems and techniques?

If you shorted it, even with a short-call-vertical options trade, you would have more than 20% profit in a few hours.

CUE systems and techniques allow you to trade with confidence. That is what allowed me to short AAPL at the top. Ignoring what other systems or pundits are saying.

Disciplined trading using CUE 360 techniques. Would you not say that?

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Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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