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ArturoL
Sep 22, 2023 6:05 PM

Reverse Apple Long

Direxion Daily AAPL Bear 1X SharesNASDAQ

Description

Looks like a potential breakout, just opened a long position (short AAPL), it may bounce back to the trendline, in that case I add. I don't like to short mega caps but charts are the charts and I treat it like any other stock. Good way to hedge your portfolio though.

Trade closed manually

I'm taking profit here, this is a level where price had a hard bounce to the upside (APPL) before:

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