Entry at 80.73 Stop at 79.34 Confluences - Hourly Trendline Support / 61.8 of most recent uptrend /divergence Estimated time 2-3 weeks
Apple has really never broken a trend line since the stock split. Just for that reason alone this is a good trade. However, I'm not crazy about the divergence with the RSI making lower highs as the price made a higher high. There is also a decrease in volume since then. This is a daily chart so this trade would likely take a while. If the market is in a good...