AAPL Update - EWF 1HR
Updated
The most probable view:
1) The market is very choppy right now. I believe they are trying to shake-out both the bulls and the bears with these massive rises and dumps. We are in a three wave correction with $106.09 being A, a run to $122.04 -125.80 (.5 - .618 of the low off $106.09) in B, down to fib retracement of 100.00 of the last equal leg at $91.39. In the correction of ((4)), the completion date should be around 9/25, where there will then be a run to new ATH with chop along the way.
Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $91.39
STOP LOSS @ 161.80% = $74.37
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $91.39.
TP1: $144
TP2: $155
1) The market is very choppy right now. I believe they are trying to shake-out both the bulls and the bears with these massive rises and dumps. We are in a three wave correction with $106.09 being A, a run to $122.04 -125.80 (.5 - .618 of the low off $106.09) in B, down to fib retracement of 100.00 of the last equal leg at $91.39. In the correction of ((4)), the completion date should be around 9/25, where there will then be a run to new ATH with chop along the way.
Stock Trade Setup: Buy at ((4)).
BUY @ 100.00% = $91.39
STOP LOSS @ 161.80% = $74.37
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $91.39.
TP1: $144
TP2: $155
Note
Stock Trade Setup: Buy at ((4)).BUY @ 100.00% = $93.11
STOP LOSS @ 161.80% = $76.09
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $93.11.
TP1: $144
TP2: $155
Note
Comment: Stock Trade Setup: Buy at ((4)).BUY @ 100.00% = $95.14
STOP LOSS @ 161.80% = $78.12
Options Trade Setup: Buy at ((4)).
BUY 100c - 140c for 6/18/21 @ $95.14
TP1: $144
TP2: $155
Note
Posted new idea.Note
This is not financial advice, just my opinion.
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