From the last video we see that we were getting into some Rocky territory. As succh,Apple proceeded bearishly aggressive to where we now are at $135. this movement crossed under my previous line and such in full on bear territory. This is a very good opportunity to pick up some very cheap stock for the kids for the holidays. coming into this summer wave, can we expect an oversold bounce or continuation??
Couple Ideas:
AAPL fair price $157
1) Bounce here with FOMC news take the aggressive entry at $144.3 where we would risk a whopping %5 with a hard $138.5 stop reason being is because the market is a tease and I won't fall for $137.95 but $137.8 im out.
2) continue follow a wild Bear down the woods to $94 where there is an actual long time support which in turn would actually give me a feeling that if if you aren't shorting this market you are losing in life.
Questions...
Couple Ideas:
AAPL fair price $157
1) Bounce here with FOMC news take the aggressive entry at $144.3 where we would risk a whopping %5 with a hard $138.5 stop reason being is because the market is a tease and I won't fall for $137.95 but $137.8 im out.
2) continue follow a wild Bear down the woods to $94 where there is an actual long time support which in turn would actually give me a feeling that if if you aren't shorting this market you are losing in life.
Questions...