Inverted H&S gives us the green light on AAPL showing strong signs of its comeback. XI and Trump are going to have to make amends since they had to be put on the spot at the G20 conference and global leaders are urging them to stop this global trade issue which can hurt the future of the economy. All these news of tariffs being stopped will give AAPL the opportunity to gain momentum and shoot up back to its $200 mark again. But if more news of fresh tariffs come back it will affect AAPL's price and start a new sell off which will reach AAPL's death cross which would be all bad. High Risk/Reward here folks and I want a piece of the action.
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MANUALLY CLOSED STOP LOSS! NEW STOP LOSS AT 173. THIS YIELD CURVE INVERSION IS GOING TO BE FIXED BY FEDS SOON AND ITS MORE FOR THE LONG TERM NOT SHORT TERM. THIS MONTH IS ONLY GETTING STARTED, THERE STILL MORE ROOM TO GO UP FROM YESTERDAY.
Trade active:
AAPl has past the death-cross... Price will drop like a fly by tomorrow.
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Death cross will churn AAPL to $160 by next week. Only way this will negated is if Feds manipulate the market like they did on Thursday.
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Sideways action with 160 for now.
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HEAD AND SHOULDERS STILL ON GOING WITH APPL. LOOK FOR $157 FOR A BOUNCE BACK.
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Head and Shoulders stalling out, we should be at $160 price target or LOWER by end of week..