This stock AAPL on Thursday next week prepare yourself with risk management strategies, and profit taking strategies to take advantage of this opportunity -
This gap will happen on the 31 Of October, 2024.As I am looking at this price action, I can not help to wonder "What if am wrong?"
You see the problem with most financial markets Journalists they don't have experience in technical analysis like myself and so its very difficult for most editors
To pick a side of whether to buy or sale a stock Even before this market crash that is from happening in Apple stock.
I was very confident in its price rise because apple has the biggest market cap on the NASDAQ stock exchange market.
But there is another reason why this stock is the spotlight, its because it follows the rocket booster strategy, which has the following 3 steps:
#1-The price has to be above the 50 EMA #2-The price has to be above the 200 EMA #3-The price has to gap up in a trend
Listen the gap up is market psychology... sometimes it happens and sometimes it doesn't But if it does then that is you signal
To let you know that you are on the right path.
Rocket boost this content to learn more. -
Disclaimer:Trading is risky you will lose money whether you like it or not. Please learn risk management and profit-taking strategies.
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.