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Aaplelong

$Aapl, How about them apples?Smash the like button and the follow button! This is a follow up to the previous chart posted, also containing a previous days disclaimer as the information still applies(110-112 zone note). Apple had a huge day today, but many analyst are calling for the market as whole to be heading back downwards, can Apple keep the steam? Breaking out towards the upside out from a falling wedge, Apple had a CRITICAL day that was necessary for any hope of a recovery soon. Apple needs to hold this zone and break over 112-113 to confirm a trend change and breakout towards the upside. RSI has space to run, which is a good thing, but it needs to take advantage this week to get out of these middle/danger zones. Youll also see there was a partial gap fill that has recently occured (purple zone) A close directly in the vicinity of the 50 day moving average gives the hint that this one could be ready to head back up, we just need a couple more confirmations via price action, and Apple could be back into a bullish mode.
NASDAQ:AAPL
by king806
AAPL CAME BACK TO LIFE!Hello Traders, Wild Monday? We woke up to a rather scary morning with big red everywhere. Knowing we only had positioned for the long side of the market at the Friday close. We were a bit worried but jumped into the market strong. We grabbed AAPL right at open as it was near the psychological support near $100. It worked in favor for us as we were out of our position from friday in green within the first 30 mins of market opening. Re-Entered long around $105-106 level. We also added some put positions for $100 strike at the end of the day to hedge against the potential downside. We could see another leg down to fully test the $100 level but we'll have to see about that. For now we're long AAPL, FB, MSFT, and IWM. Downside hedge on AAPL and QQQ. AAPL premiums shot up like crazy today so if you want to join us long make sure you wait for some pull back before you jump in and make sure if you're playing options, get enough time for your expiration. *NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.
NASDAQ:AAPLLong
by KoreanStreetBets
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