AAPL has settled into support and is good to go LONGAAPL is shown here on the 15-minute chart. The nuts and bolts of the idea are there as well.
AAPL is done with sideways action. Big players have accumulated their positions in small
parcels t not disturb the status quo. Apple no matter the headwinds nor the tailwinds
of other tech stocks in recent earnings is ready to fly some more on its own merits.
I will bite the apple now.
Postearningsreversal
ROKU falls after an earnings beat dissapointmentROKU on the 30 minute chart had a sell-off after earnings which were okay not great. Traders
reacted. The question is whether it was an overreaction. I think it was. I am looking for a slow
recovery over a week or more to at least the standard retracement level which I will call 98 as
drawn by the tool. further upside targets are 101 and 104 based on VWAP bandlines.
Buying on the discount is sometimes an excellent tool to reduce risk and use the reversion to
the mean to best advantage and seize an overreaction in the market.