Thetraderboyz
Long Set up on AAPLAll details on the Chart.
Exit 1/3 target 1
Exit 1/3 target 2
Last 1/3 technical stop under demand level on 30 min chart.
Market must be bullish (going up) to buy any stock.
Stop must be used to manage risk and protect capital.
You can trade the dec 105 Call in replace of the stock.
NIOLook for the entry at the Demand Level where the unfilled Institutional buy orders remain.
The Stop goes below the Demand Level.
Target 1 is before the previous high.
No target 2. Hold for long term and the stop will go below the pivot lows or bases on the Daily chart.
Positives.
Massive relative strength to S&P 500 and Nasdaq. The stock did not sell off heavy with the major Indexes.
Negatives:
Chinese company.