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avka81
May 31, 2019 4:43 PM

Apple is holding strong!!! Long

Apple Inc.NASDAQ

Description

Apple is holding support really well. Once we break above May 30th high we will have a short covering rally. 5-6% minimum to possibly 10%. Good risk reward. Remember folks 1st of the month is usually bullish as hedge fund and fund managers do re balancing. We could see a lot of buying and shorts will force to cover. We could gap down on Monday but risk is to the upside. Don't get married to your shorts.
Comments
David_Scott
Check out QCOM today and SMH. Semi's looking good going into next week.
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