wallstreetnomad
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since Aug 24, 2017
moderna
mrna
supportandresistance
swingtrading
trendanalysis
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oscillator
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Some AAPL levels. Obviously we are in a downtrend, but there will be bounces along the way. I am looking at the green levels for possible swing trades.
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Moderna broke trend to the downside, so long term view is more likely a short rather than long. As illustrated in the chart, I wouldn't short at current prices, but around the red level I have drawn. The trade is invalidated if it closes above the red zone with high volume. If it closes above it but on low volume, it could be a fake out with the following candles...
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