John2068

Apple over extended, MACD, RSI reaching high levels.

NASDAQ:AAPL   Apple Inc
108 views
Apple is becoming over extended with its price and rise over its moving averages.

Comments

moving averages havent been relevant since 1990
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John2068 HavingFunWithOptions
They still are relevant. @HavingFunWithOptions,
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@John2068, not if you make money
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John2068 HavingFunWithOptions
@HavingFunWithOptions, ok if Apple does not touch the 200dma in the next 6 months I will stop using moving averages.
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@John2068, do you use exponential or simple?
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John2068 HavingFunWithOptions
@HavingFunWithOptions, mostly simple, but it is one of the last indicators I look at. I mostly use RSI, MACD, volume, sometimes BB and look for chart patterns such as H&S, cup and handle, etc. Mostly longer term trader as I like writing covered calls to generate cash flow regularly. I like using few indicators as possible.
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@John2068, LMAO you dont make money. just put everything into a roth ira
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John2068 HavingFunWithOptions
@HavingFunWithOptions, I don't have a roth IRA
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John2068 HavingFunWithOptions
@HavingFunWithOptions, What do you do, oderflow, wave theory that changes their opinion everytime the market changes?
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@John2068, no, i have an education. i follow macroeconomic trends
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