The divergence in the RSI, coupled with the near perfect shooting star pattern leads me to believe we're headed lower in the near future.
The SPY made a higher high on the 4th despite a lower stochastic reading, and now that we're going back up again I'm watching the levels to see if we can break through. No real trade off of this just yet, but I'm really curious to see what happens here.
Silver looks like it'll bounce back towards the 200 day MA if it can hold these gains to the end of the day. Not looking for anything long-term or a fundamental investment, just a nice bounce. Price: 18.90-ish Stop: 18.10 (-4.1%) Target: 20.10 (6.5%)
Bounces have been happening within 3-4 weeks after touching the (roughly drawn) trend line. If a bounce occurs, re-examine before moving target/stop loss or selling. Price: 16.10-16.20 Stop Loss: 15.30-15.40 (-5%) Target 1: 17.40-17.50 (8.5%) Target 2: 18.00 (11.5%)
AAPL has been lagging since breaking trend last January. Has held 500-515 very well lately and looks like a solid investment going forward. Would wait until after the quarter results on 4/23 as it might lead to a better price. Price: Anything below 530 should work well. Stop loss: Below the purple trend line, 450-ish currently( -14%). Take profits around...