A lot has happened since we last touched ATH's during the first week of January. A lot going on with the Central Banks and interest rates, inflation, and now Russia. Just in the first month of the year, we saw a +10% decline in the $SPY. Then going into February there was a double top pattern lots of us detected and were able to play. Speeding things up to...
I've been a lot more active in reading other Investors' ideas and really enjoying the community on this platform. I've read a few different trading ideas but the one I linked was one I am closely in agreeance with. Sentiment: Although my previous thoughts on $AAPL reaching the $135 mark before returning to ATH's still carries a strong weight. I have gone over...
We saw $AAPL consolidate around the $140 mark with some average volume and then run up this past Thursday to $143. But on Friday, we saw it pull back a bit from the initial run during the early opening hours. Volume: The run-up on Thursday was not supported by volume. This makes me believe it may be a bull trap and if I had to bet on it I could see $AAPL pull...
Recent News - Apple reloads its stock with "new products" which aren't so new but with a higher price tag (Bearish). Epic Games v Apple (Bearish). Losing the fourth Apple car exec this year (Bearish). Quad Witching Sept 2021 (Leaning Bullish). Trend - We're just coming off a bullish trend that helped us reach an ATH of $157.26. We broke that trend with a strong...