Long

intraday levels and thoughts on apple for tuesday

on route to test fridays highs. I do expect sellers to show up at the top of this range, 455-457 so i suspect we could see a tag of that level today followed by some consolidation. What bulls do not want to see is a tag and immediate dump or other signs of double topping action. The key is to see the bulls hold their ground at the top of todays range. And of course it's perfectly healthy to see today start with a probe lower retest of 447 or so before the march higher. Below 447 and I would get more interested on the short side.

EvanMedeiros

Evan Medeiros
Founder, Trade Risk
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EvanMedeiros