TonyAiello

APPLE $AAPL - Mar. 9th, 2024

Short
TonyAiello Updated   
BATS:AAPL   Apple Inc
APPLE AAPL - Mar. 9th, 2024

BUY/LONG ZONE (GREEN): $174.25 - $187.15
DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $174.25
SELL/SHORT ZONE (RED): $155.65 - $168.15 (or extended from previous post, $175.40 - $181.50)

Weekly: Bearish
Daily: Bearish
4H: Bearish

AAPL price completely smashed through the bearish zone. Here are the updated zones I would be looking at when entering trades. Extended hours are displayed on the 4h to show how price moved towards the bottom and throughout the bearish zone, price went strongly through the bottom level and with no reversal insight shorts should have continued, at least partially. As a trend trader I am open to going in either direction, however; I would not consider going long until at the very least there is a close above the $174.25 level, but even then the weekly timeframe will not have enough time to label it as bullish. I labeled the start of the bearish trend and some quick thoughts as I glanced at the charts, previous post will be linked with this one.

This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Comment:
After three weeks price has, for the most part, gone sideways, despite slightly peaking into the bullish zone. Currently AAPL is nearing the 168.15 level towards the bottom of the DNT zone and top of the bearish zone. I would not consider there to be any significant momentum in either direction, but there is a slight downtrend in the sideways movement.
Comment:
NEW IDEA:


TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
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