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AAPL breaks 50-day downtrend on FOMC day
Apple Inc
Long
AAPL breaks 50-day downtrend on FOMC day
By markmckay
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Mar 20
1
1
1
Mar 20
CATALYST
Today is FOMC day. The Fed news just came out and it is seemingly positive, indicating that there are 3 rate cuts a head this year.
SETUP
Trend Reversal.
We are coming off a +55 day down trend. With today's announcement, we've broken the trend line.
RRR
8.07
PROFIT
12%
LOSS
2.55%
SOURCE
My list
Trend Lines
markmckay
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