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lothar_veys
Feb 1, 2021 7:20 PM

Apple in an up-trend (updatet with more information) 

Apple Inc.NASDAQ

Description

Hello,
Apple is now in an up-trend and in my chart, you can see when to buy and when to sell. In my opinion, it would be the smartest choice to buy Apple stock now. Do note I am not a professional and you should not just buy/sell because I say so.

I have drawn 2 trend lines, a trend line covering a long period and a trend line covering a short period. this method works well for me since I have more certainty about my trade. And I also put the Stop/Loss period so you can properly see how to set it up.

Also since all the news about the apple car and the privacy laws, I think the stock will go up again.

I hope you guys like it, this is all to help those who aren't very good at market predictions. if you did like it, it would be nice if you left a like and maybe comment on what I can do better in the future.

Have a great day!
Comments
slimebaby
Thanks for this! I like the setup. AAPL's IV is also quite low, think I'll grab a couple of the 140 calls
lothar_veys
@slimebaby, HI, I love to help with these charts. If you buy AAPL and it has gone over the resistance level(the upper red trend-line) you should sell when you see the MACD is going down. I'm going to keep you updated with AAPL so you know what I mean and when to sell.
slimebaby
@lothar_veys, Hey, thanks! I'm relatively new to trading so I certainly appreciate any guidance :) I'm hoping that if we approach 138-139 I will probably take profit there. Don't want to get greedy ;)
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