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DamienByrne
Apr 24, 2013 3:54 PM

AAPL long at 50% fib from 09 bull run with support Long

Apple Inc.NASDAQ

Description

Long trade from a touch of the 50% fib retrace of the 2009-2012 bull run. This looks like it is also hitting a place of previous supply and thus support. Stop loss placed just after supply zone and a 4:1 profit target sitting just within the start of a demand zone above. 3:1 might also be valid. Thoughts?
Comments
djflowmaster
Very nice chart indeed.
JDBIF
Nice trade.
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