I have always enjoyed shorting AAPL, but I try to not hold a bias, except when it comes to a bias of making money.....
I haven't traded AAPL in a while and I was scanning through charts and I noticed the Monthly chart looks like a fat kid with his face glued to the front entrance door of a candy shop, its 8:59AM and the store opens at 9am.... the...
If this can keep up with the others with Squeeze potential. Kodk is where you want to be.
I don't want to call this a cup and handle because it is too sloppy... But notice the anchor vwap, this could be setting up for a nice flat top breakout ( 3 tap on resistance)
Be ready for the parabolic move!
Just a thought... Notice the volume , the big moves up have come Pre-market. This trend will likely not see the volume to break through. This will likely tap the trend at open and sell off Quickly...
Who knows I could be wrong.....
I still believe before $AAPL breaks $130 again, its going to break $100...
Good Luck all!
Hi All! I wanted to update the previous chart and make it easier to see. So far we are on track. I added a couple scenarios with Ghost bars(loosely drawn, bounce spots are what is important)
Notice the perfect alignment of the gap fill and the March bottom Anchor VWAP. Everything is an just a guess but that is my target for the bottom, the timing is going to...
Ladies and Fellars,
I am skeptical of this Pattern... It looks a little too clean... But who knows
Time for going Short then long then back and forth and maybe some sideways.
Let me know your thoughts.
Pton is a great company with a great product offering. With Earnings coming up in a month, the price will likely continue to run up. as you can see, Pton is sitting at the bottom of the channel. Stochastic is oversold and you can see momentum up is beginning again after a pullback
Lets see this sucker run!
I have been tracking this stock for a bit and have found, the cheap calls on this can be huge payoffs from small moves. This up coming pump could be epic!
The major resistance which it will likely break will cut like butter to fill the gap to $7.98 and from there who knows!
Good luck trading!!!