stevenpearson08
Long

AAPL Rally from 92.58 Support Line

NASDAQ:AAPL   Apple Inc
168 0 1
I'm long on AAPL             , my idea here is that it's going to hang around the green support line and then bounce back up. I took the CALL on my Binary Options broker (GOptions) for a 29 August expiry, I would need the price to be above 95.4 in order for it to be a successful trade. If its breaks the support then it will probably continue to drop until the 89.60 support and then rally from there.

AAPL             is also trading above the Ichimoku cloud

The stochastic is also way down, I'm looking for a nice reversal off support here. I've got quite a few days left of this trade so we will see how it plays out
Trade closed: target reached
Comment: Trade closed
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