I observed a double bottom forming with AAPL Tuesday morning. Since patterns formed really clean, I thought I share a review of the trade. I had been watching AAPL for a reversal at support level 180.63. There was strong support Tuesday morning, my RSI indicator was also very low on small and major timeframes.
Entered swings for AAPL182.5 1/19 calls @ 1.11 @ 6:50...
Potential reversal levels for AAPL 189.16, 188.26, 187.55. Strong support within the 189-187 range. I believe there is likely an uptrend within the coming days if AAPL can manage to bounce off of the mentioned levels and push over 190.22, 191.36, 192.17 and 193.12 for strength.
Feel free to let me know your thoughts.
Stay Tuned ! More posts coming soon!
