askorbik

8 EMA and 100 MA are still the support, MACD still ok

NASDAQ:AAPL   APPLE INC
29 2 0
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timwest PRO
2 years ago
Great pattern observation! Do you wait to buy at the lower conjunction of the rising red channel line now at 523 or the falling blue line at 527 now? Also, once in a trade (again, how do you get in??) where would you stop out the trade? Thanks in advance of your reply. Tim 4:13PM EST Friday, March 28, 2014
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askorbik
2 years ago
Blue line has been a good indicator of the break out from previous break outs, also the time frame is very similar. I think this is a good level to get in because the downside is very limited, but the upside is high
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