Apple Inc
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Top 5 Weekly Trade Ideas #2 - AAPL Ascending Wedge

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AAPL recently broke below a longer term uptrend but has mostly moved sideways since. Now we have a clean looking wedge forming on the 1hr. It closed right around $230 last week, price has had a hard time moving above lately. It'll be a key area to use for directional bias in the short term.

I'll be looking for puts targeting about $216 if we fail at $230 and break below the wedge. To the upside, if $230 is broken I'd be looking for longs on retests of $230 for a move back to ATH and potentially higher.
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Gap up above $230 and the trendline. Retesting the trendline now, could be a good long here or at $230. Stop on longs is below $230.
İşlem kapandı: hedefe ulaştı
Huge $10 move off of $230 in a matter of days. Doesn't get much better than that.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.