Simple pattern reakout trade Long

Apple Inc.NASDAQ

Description

⋅ Aug 17, 2021 2:48 PM

Alongside with Apple being Apple, it has macro HTF algo above 160 and just general bulishness of the market gives some extra fuel for this trade.

Entry 1: 147.62
Entry 2: 149.35

Dips are for buying here (unless there is a general turn of market sentiment. Will add if it dips to 150 region.

Plant trees. Harvest fruits.

Trade closed: stop reached

⋅ Aug 19, 2021 12:30 AM

Stopped out. Lets see how PA develops. Wouldnt be suprised if it turns around here. Long term it is still a hold.

Comments

eriboz

⋅ Aug 18, 2021 2:26 PM

Just wanted to demonstrate that even applying basic knowledge and basic patterns, you can empower yourself to give yourself better odds against the market. It is all about that. Less gambling, more fibs.