I am cautiously optimistic about this stock. It looks like it is forming an ascending triangle with a inverse H&S. However, none of the patterns are tight. Further when you scroll up and down the time frames, they have some oscillator and trend inconsistancies that I prefer to avoid.
15 minute
Hourly
Daily
The MACD is peaking up on this one! There is also a clear upward trend!
Weekly
Monthly
The nice thing with stocks like AAPL is that you can easily exit if you are wrong. The stock and its options are so liquid you can exit if you are wrong.
My trigger to enter will probably be $178.42. And a stop at $177.32. If I am right or wrong it will be a nice 8 RR :).
15 minute
Hourly
Daily
The MACD is peaking up on this one! There is also a clear upward trend!
Weekly
Monthly
The nice thing with stocks like AAPL is that you can easily exit if you are wrong. The stock and its options are so liquid you can exit if you are wrong.
My trigger to enter will probably be $178.42. And a stop at $177.32. If I am right or wrong it will be a nice 8 RR :).