We are at the bottom of the upward trendline. I like the lower wick on Friday's candle signifying that there was a lot of buyers coming in at this level.
I would like to see a close above the 50 day EMA on the daily time frame, ~$172.50, before going long. Worst case scenario we bounce off the 100 day SMA on daily time frame, which would be an amazing buying location.
https://www.tradingview.com/x/V2abDEez/
Considering a far OTM BPS over earnings as well.
I would like to see a close above the 50 day EMA on the daily time frame, ~$172.50, before going long. Worst case scenario we bounce off the 100 day SMA on daily time frame, which would be an amazing buying location.
https://www.tradingview.com/x/V2abDEez/
Considering a far OTM BPS over earnings as well.
Note
We just about bounced off the 100 day sma on the daily time frame. If this price level doesn't hold, look for a buy again off the next support, which is around $164ish.Market looks to being pulling back....finally.
Note
Looks like earnings was a flop even though AAPL's earnings were positive. Overall market is pulling back.Look for an entry off the 200 day SMA around $159.5, or support at $155 if that doesn't hold.
Buy higher and sell higher, and manage your risk to make more than you lose!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Buy higher and sell higher, and manage your risk to make more than you lose!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.