The longterm trend is still full intact. Now Apple has reached it s Pivot Level - the falling trendline @ 111.5$. Here is based the SMA 200 - this SMA could be seen as a resistance as well as a buy-trigger.
At this Level, several trades can be made:
1. Trying to catch the next downwave with a shortterm Short Position for those who don`t believe in higher Prices:
- Entry would be at the actual Price @ 110 , SL 115$ TP1 93$ If we see this Szenario, athe next short trade can be made:
2. Midterm short trade with Stoppsell @ 90-91$, SL 108 and TP 60$!
3 For those who believe in higher Prices, a shortterm Long Position with StopBuy near above the SMA 200 , SL near below the SMA and first TP would be the last High @ 123.5$.
4. The next procyclical Long Position could be opened with SB at 124-125 with SL 115 and TP 133
5. The Big strategic longterm-Long Position can be made with Prices above the Alltimehigh at round abpout 135$ with SL 122 and TP 160
Good luck!
At this Level, several trades can be made:
1. Trying to catch the next downwave with a shortterm Short Position for those who don`t believe in higher Prices:
- Entry would be at the actual Price @ 110 , SL 115$ TP1 93$ If we see this Szenario, athe next short trade can be made:
2. Midterm short trade with Stoppsell @ 90-91$, SL 108 and TP 60$!
3 For those who believe in higher Prices, a shortterm Long Position with StopBuy near above the SMA 200 , SL near below the SMA and first TP would be the last High @ 123.5$.
4. The next procyclical Long Position could be opened with SB at 124-125 with SL 115 and TP 133
5. The Big strategic longterm-Long Position can be made with Prices above the Alltimehigh at round abpout 135$ with SL 122 and TP 160
Good luck!
