AAPL looks like it's going to violate a range that's been range bounding the stock for a little while now. It's generally acceptable to assume the stock will break out of the range to the upside and hit it's expected 1.618 extension target, where we see see strong ratio confluence resistance start to take place in a big way.
There's no reason whatsoever why the bullish kicker signal body should be violated, but if the bulls are truly here to take Apple higher, and the whole kicker body is violated we don't want to be in the trade. We want to see clean intentional buying.
13.66 R/R for anyone who wants to take this trade. Which is absolutely ridiculous.
Tom
There's no reason whatsoever why the bullish kicker signal body should be violated, but if the bulls are truly here to take Apple higher, and the whole kicker body is violated we don't want to be in the trade. We want to see clean intentional buying.
13.66 R/R for anyone who wants to take this trade. Which is absolutely ridiculous.
Tom
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