BBBY is currently short squeezed for about 2 weeks now, has been going up even during the latest stock market sell-off. So why short it? Well, when BBBY is trading around 15.6 (And trust me it will by today or tomorrow), it has a very strong resistance at that point, + here's real deal: BBBY's earning are on 1st OCT and it is estimated to underperform, considering...
MGM just made a fake out and ended in the negative territory in the last trading session, the 20SMA has cross 50SMA, Trend-lines are broken and is now making a downward leap, here on keep a TAKE PROFIT at 19.4/19/18.5 and keep a STOP LOSS at 22.5| Market Mood: Bearish | Hospitality, Entertainment, Hotels Sector: Very Bearish |
Short AAPL at 107-106.8, Target 95 , Stop loss at 108.5 Risk/Reward 6.2! Tech Barish, Market Bearish. Has a VERY STRONG Resistence, built-up since Sept 02.
TARGET 280! Yes over the next couple weeks, TSLA is very week, heading towards filling the gap at 280, 50 SMA Rebounded from almost cross 20 SMA. Tech Sector Weak, Market Weak. TSLA is the biggest bubble in the US Stock market right now, there is no battery day hype left, nothing to push the stock upwards from its 900+ P/E, Longs will start exiting at this point....
This is the perfect spot to enter AAPL, Currently Trading at 112.70
It has completed its correction move, filling 3 gaps present in the past and present week, has a very strong support at 110.5 and showing an uptrend on the 4h RSI chart, and is near the break-out zone at 50 RSI.
We can see a couple big moves in apple in the next few days, with a potential upside...
Entry Point: 18.02 or RSI >50
Risk/Reward is 2.3
Candlestick patterns: 4 Sept Hammer, 14 Sept Bullish Harami
Target at 21.5 and Stoploss at 16.5
Background Technical: Upward Edge.
Important breakout at 19.63 (Hold this price)
Good luck!
![AAPL: AAPL - PERFECT SPOT TO ENTER! Call/Long Positions [BUY]](https://s3.tradingview.com/0/0viqIdf4_mid.png "AAPL - PERFECT SPOT TO ENTER! Call/Long Positions [BUY]")
