I see a strong base here forming right where it should, around the prior all time highs.
Sellers are becoming exhausted and failing to make a new low.
The sentiment is max bearish, regarding china, lack of innovation, or whatever other narrative you can throw at it...
I have sold ever position in my portfolio and long apple 175.5
This seems like the first meaningful pullback in the bull run so far, and I imagine within a years time it is 60% higher than here.
that being said, it can be traded along the way, i think it will become quite volatile on the way up.
Sellers are becoming exhausted and failing to make a new low.
The sentiment is max bearish, regarding china, lack of innovation, or whatever other narrative you can throw at it...
I have sold ever position in my portfolio and long apple 175.5
This seems like the first meaningful pullback in the bull run so far, and I imagine within a years time it is 60% higher than here.
that being said, it can be traded along the way, i think it will become quite volatile on the way up.
Note
Looking dicey. Stoploss may get hit here at 173.64.even if so, it was worth a try, it was either long or sidelined.
Note
Cut early. not happening.Note
longed again, from lower this time.easy invalidation.
very low risk here as it is right at support.
Note
Looking great so far, no reason to think this is going lower, for now.
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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.