AAPL -- Potential Long Swing for 2.1.21
Updated
While GME is being the main focus of the market. Some stocks like AAPL here seem to be
a potential opportunity for a swing play. Will need to confirm on Monday, but its one to watch.
Things To Watch:
1) RSI oversold and starting to look up, needs to grind to the 50 mark to confirm.
2) MACD about to cross to bullish, needs to happen during normal hours to confirm.
3) Volume is starting to rise, this may point to more buyers on Monday.
Right now the stock is on top of the last consolidation zone. Will be watching the yellow zone on
Monday. I personally thing its going to grind higher.
Targets:
T1: 135.00 -- Large Number
T2: 138.00 -- Previous Resistance/ Support
T3: 140 -- Large Even Psychological Number
Stop:
120.00
Best of Luck,
--d0x
a potential opportunity for a swing play. Will need to confirm on Monday, but its one to watch.
Things To Watch:
1) RSI oversold and starting to look up, needs to grind to the 50 mark to confirm.
2) MACD about to cross to bullish, needs to happen during normal hours to confirm.
3) Volume is starting to rise, this may point to more buyers on Monday.
Right now the stock is on top of the last consolidation zone. Will be watching the yellow zone on
Monday. I personally thing its going to grind higher.
Targets:
T1: 135.00 -- Large Number
T2: 138.00 -- Previous Resistance/ Support
T3: 140 -- Large Even Psychological Number
Stop:
120.00
Best of Luck,
--d0x
Trade active
Opened options positions at the 132 price point this morning. Best of Luck,
--d0x
Note
Still holding this trade. Looking at 137 as my take profit point.
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