2waytrading

2-way scenario..$AAPL can go either way

NASDAQ:AAPL   Apple Inc
238 1 2
Tried my simple theory here. Its all what happens tomorrow and next few sessions, AH does not signal that much, but real actors will decide what to do as they scrutinize CC             and more numbers..the stock is a buy candidate if price pushes above recent ppp at and around 95 area, if not, price may violate the ascending trend support which will trigger a profit taking from recent price appreciation, as long price stays above the trend line , don't bet against it..stay either cash or hold your ground..if that happens don't expect that much fall as fundamentals are supporting trend, so worst scenario the price retracing back to 38.2% which also is first upside wing PPP could be an opportunity to add more. No position but may initiate one soon!
Well it gapped up at the open and is now above $97 but gap at $95 remain unfill. Ditto another gap at $94.
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