Where is the first support level?

The support zone will be at 124-118, however, in the midterm, it could go lower!
some people may think it is easy to publish the short idea today, but my private followers were completely ready for this day! before this week even started!

Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:

Hourly Chart: Lower border of Megaphone, should be supported around 130. (Neutral)

Daily Chart: Lowest close since April 12, close below daily open in the last 5 trading sessions, and increased volume above monthly average while the price fails to close above daily open is in favor of bearish case! ( Bearish )

Weekly Chart: Bearish engulfing after 2 Doji candles. ( Bearish )

Monthly Chart: Failure to close above 132.49 in the last 4 months, which means Apple's return in 2021 is slightly negative so far! (Neutral)

Change in Average Dollar Value of Trades: -18% in the first 4 months of 2021 in comparison to the last 4 months of 2020. ( Bearish )

Conclusion: Neutral-Bearish in May is the most probable scenario.

Educational Article:
1- Megaphone or Broadening Pattern:
investopedia.com/terms/b/bro...
2-Bearish Engulfing:
investopedia.com/terms/b/bea...
3-Resistance:
investopedia.com/terms/r/res...
4- Multi-timeframe Analysis:
investopedia.com/articles/tr...
5-Dollar volume:
investopedia.com/terms/d/dol...

If you are interested to have early access to my trading ideas, check the signature box below the post for more information.