About meAny ideas I post are my opinions and my personal trades. They are only for educational purposes, discussion, and feedback. I strongly advise you not to trade based on my ideas as I am not a professional broker and not responsible for any losses you incur
The Feds lowered interest rates. I expect this will give a boost to the market and to car sales in the near term.
This stock is oversold, but we are in unchartered territory.
We will see tomorrow if this breaks through 7.40 then to 7.80.
I have opened a very small position
Trades to open position No. Price Total
buy 17th Apr $7.00 Call 15x100 $0.42 $-630.00
This is a longer-term weekly chart. If we continue into a bear market this Head and Shoulders pattern is one possible scenario for Apple.
I have not taken a position and want to see if it plays out as a double top in the near term.