This might look far away, but the fact that stocks gap on the market open, prices could rally up here in no time.
Prices are only $2.00 away from the zone, and AAPL is a popular stock on the market.
The sharp move away, including the gap down, shows that there were just no willing buyers to absorb the sellers in that price range.
Price cannot seem to go above the $128.80 value and tried four times before falling strongly.
Any move back in there should see prices fall again as those sell orders get filled.
EP: ~128.70
SL: ~129.10
TP: ~127.50 (about 3:1, $1.20 return, could be held for $2.20)
Prices are only $2.00 away from the zone, and AAPL is a popular stock on the market.
The sharp move away, including the gap down, shows that there were just no willing buyers to absorb the sellers in that price range.
Price cannot seem to go above the $128.80 value and tried four times before falling strongly.
Any move back in there should see prices fall again as those sell orders get filled.
EP: ~128.70
SL: ~129.10
TP: ~127.50 (about 3:1, $1.20 return, could be held for $2.20)
