AAPL still looks like it doesn't want to give in quite yet.
1 min leading positive on the break of support today
2 min the same
3 min shows the build up before earnings, the distribution in to earnings and a leading positive divergence
The 15 min is where the magic is, it shows the same things the 3 min chart showed, but the 15 min keep climbing instead of confirming the downside price move.
Ultimately the longer term the daily chart is leading negative so I'm holding on to the calls for a bounce trade, but I have a longer term short position in AAPL that I will add to on any decent strength.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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