Of all the assets, I'd say AAPL has a better chance of a decent intraday bounce than most others, but I would not hold beyond intraday/today.
I may even try this, but spec , basically money you can afford to lose, if there is such a thing.
1 min in line, we sold the puts at the perfect place, momentum and the lows. That red trendline will be very tantalizing to run stops on a head fake move (even intraday) before an upside move.
2 min chart
3 min
5 min
That's the reason for an intraday trade, here's the reason I wouldn't go any further...
10 min chart.
AAPL still has a decent 15 min and a nice 30 min, it may become a nice trade to the upside, but I would not take that chance beyond intraday at this point. I think there's too much work that needs to be done first, LIKE GOLD, glad we didn't enter that right?
Is interest rates about to start going up?
-
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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