Interesting opportunity for those who are long AAPL. Price is rebounding on short term support at the 110 level. To not risk too much (due to the earnings report today), I entered a long call spread today, Mar20 expiration, strikes 110-120, for a net debit of 3.78$.
Interesting opportunity for a long entry on the NZDJPY. The 50% Fib retracement and the SMA200 are acting as supports on the daily chart. Hourly and lower timeframes charts are indicating strength as well.
Moreover, the weekly chart could find stable support at current levels as is rebounding off the SMA50, reinforcing our long entry idea. Stop loss below recent...
After the bullish engulfing on the daily chart, price action is holding above last week's lows and seems poised for a pop in the immediate future. Possible long opens with stop loss at an hourly close below 116.95.
