Apple has transformed itself to the point that no company has the moat it has.
Check out the last two hour candle of Monday trading day and the volume. Long: 1. Volume 2. Consolidated 3. Price action, support level 4. Fundamentals: corsair is actually profitable with growth prospects, not your typical tech company. 5. Just because it is corsair.
Earnings and revenue keeps growing. Will continue even after COVID.
Price volume analysis showing that tech reversal has began after today’s close.
There is no business that is as good as Apple. Their ability to innovate, in AR, in chips, in cars, and more is beyond what any other company is capable. Either buy shares or buy LEAPS.
Day chart, 4H, in position now. As has been anticipated. Long
Sell off had been quickly offset by large volume in buying. See 4H candles. Also, on 5m chart, high volume near the end of trading day. That’s why buyers do when they don’t want to alarm anyone, driving prices higher before necessary. Neutral to very bullish.
As per my previous post, I have been waiting for the opportunity to short at $199. TP and SL subject to change by manual closing but trade is now open.
rejection below 60.7 coupled with a support and a long candle signals a long Today's close should give me the last indicator I need to long. Will update.
The bad news with Pfizer's clinical trial is great news for traders and investors. Why? Because the 'bottom' has been gauged by this piece of over the weekend news. The bad news does not materially affect existing revenue stream and earnings. The lack of movement intraday suggests that institutions have completely priced in the negative effect of the news...
Long condition: 1. $92, met 2. Regain strength near here - INCY needs to hold the key level for a few days.
the valleys and troughs of volume signals a good trade.
Will long DHR at open, and may very quickly close out the trade if the candle pattern and volume for the day invalidate my trade. What I would like to see: - a rejection pattern candlestick, or a big green candle tomorrow.