$AAPL is in a nice large consolidation for me on the 4hr bolli bands so im anticipating a nice trade coming into play soon. Personally I’m leaning towards the short side but will have to see how this plays out. NASDAQ:AAPL
Just following the trend line on this trade and letting it take me out when crossed and respecting the levels of resistance incoming in the following trade
White dotted line is the market recent trend line that I’ve been following. Red lines are levels I expect to test in a bullish or bearish situation. Incase of a major pull back orange dotted lines is where I expect the market to stay at in terms of a range.
Each gold line is a strong level to break through and key level for support when breached. Dotted lines represent the same but are just light support or resistance areas seen in past movements. Green dotted line is the trend line I expect the stock to follow
Gold lines are old support lines from past trends that i expect to be key to the trade moving up. dotted white lines represent weak support or trend lines in the trade and should be taken with light worries depending on size of trade
green lines are the trend i expect the stock to follow. white dotted lines are weak support or resistance levels i expect to break or possibly hold me up depending on the the market trend. red lines are levels i take serious to exit or enter a trade.
Red lines represent good support lines in either direction gold lines represent strong trend lines and the dotted lines represent light support or resistance which can easily get broken
gold lines represent old trend lines i expect to get held up on a bullish or bearish trend dotted line is where i expect the momentum to slow down in either direction if broken past 193 this will continue to fall.
white dotted lines represent soft support or resistance lines in a bullish or bearish trend green dotted lines is a trend line and red lines represent strong support or resistance areas
each line listed in the box represents levels i expect to get held up at during swinging my put play if broken it will continue to move to my goal target which is 130.
If the red line of support is broken the trade is no good. but if it is held the white dotted lines represent levels of support held in the past and to me (imo) are key levels to moving to my PT of 240
All the levels listed are area I trust will either be support or resistance on a bullish or bearish run
lines represent trend lines on old support and resistance found through past actions on the chart