APPL
Apple Stock Monday Update-Strong Support $112.60Team,
Happy Monday, Hope you are killing it today. I wanted to start off the week by following up from our last week. We had several trades bouncing off our $112.60 level. Whether you were buying shares, buying calls, it was raining money. Today we tested the high point of the wedge which I drew in last week. Although the support at $112.60 is very strong, I believe we will trade below it to test a new recent low in the $108.50s-$110 this week before we are off to the races.
Let me know your thoughts. Best of luck! NASDAQ:AAPL
APPLE to the upside, false breakout confirmed! $AAPLTeam,
As I discussed yesterday, AAPL had a false breakout and rejection. Our support around $112.60 made for a 2 point winner at open today. I went heavy with my call options back to $117.50. Decided to hold to see if we can retrace today. NASDAQ:AAPL
APPLE SLOWLY but surely to $125 We broke inverse head and shoulder neckline, good sign we are holding above that neckline so we are still on a good reversal move up. Formed an ascending triangle and broke out that as well today! Apple Call contracts to 124 are looking nice for Iphone 12 release coming soon.
APPLE to the upside! Is it early?Hi team,
Yesterday I put together a video where we identified a previous resistance level acting as a support in the $112.60 range. Apple came out strong today and after it bounced off that support level in premarket. My personal opinion is I feel the breakout is premature. The iphone announcement is coming out in a few weeks and there is a gap fill down to $106.
A breakout today if it holds signals a trend reversal where now the stock is trending upward. Adjust your risk management plan as such and focus on buying call contracts 2-3 months out in the $117.50-$120.00 if we continue to move higher.
Monday-We had a break to the downside at open from premarket highs
Tuesday- We had a break to the downside at open from premarket highs
Wednesday-Gap Lower from previous day and breakout?
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Apple path and directionHello everyone
Since 2018 Dec apple started a uptrend channel on Jun 2020 apple broke this channel to the upside
making another uptrend channel Until now apple is respecting this channel which is around 104 level and 130 on lower time frames
Reversal from uptrend trend line is showing
However if apple broke this channel to the downside there is a strong support which happens to fill a gap
which is also a Fibonacci level of 0.50 of march uptrend \
Good luck everyone any question I welcome to ask :)
Apple Swing Idea Apple 4HR Chart... I see an inverse head n shoulders forming waiting for that break of the yellow line for it to complete. We are sitting at the bottom of the channel with lots of room to run up. I'm looking to get into some call options expiring 10/16/20 expecting to see a move up to 125. We could drop within these next few days to 96.33 to fill that gap down.
Dollar CAD - Manipulation TimeThe week of August 17, USDCAD had no high. Its open was its high. It then waterfalled down to under 1.30 before bouncing. That low was never revisited. After FOMC, I'd say everyone is expecting a quick return to bull and a quick return to dump town for the once-mighty USD.
I'd say they're right, but not before we see some good ol' fashioned manipulation.
Long a stop raid on anywhere around 1.312 for best results/RR. But we may not see such an opportunity since short sellers are trapped. Once the raid on 1.326 is complete, price will come down quickly and retail can quickly begin to buy the top on TSLA and APPL again, and that's where the real opportunities emerge.
Not that a 100 pip "scalp" isn't enough of an opportunity...