AAPL long, purely TA...
reasons to enter:
1. Reverse head and shoulders forming (bullish).
2. Very clear support and resistance might
show a bounce back to 175.95 (%4.5 profit margin).
3. It seems to be following a trend line as well as meeting
with support which should push AAPL up.
4. RSI is saying AAPL is oversold, alluding it will go up.
watch out for
170.84 resistance, if this goes to plan, trim some for %1.3 profit.
Have a mental stop loss at white line, (167.71). If head and shoulders is broken
,depending on the situation, don't enter.
1. Reverse head and shoulders forming (bullish).
2. Very clear support and resistance might
show a bounce back to 175.95 (%4.5 profit margin).
3. It seems to be following a trend line as well as meeting
with support which should push AAPL up.
4. RSI is saying AAPL is oversold, alluding it will go up.
watch out for
170.84 resistance, if this goes to plan, trim some for %1.3 profit.
Have a mental stop loss at white line, (167.71). If head and shoulders is broken
,depending on the situation, don't enter.
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