FA Event: Stock split, retail may jump in on a pump initiated by institutions. Not an easy trade by any means, we do have momentum on our side but $408 is the end of what could be an AB=CD pattern shown on the chart. Expecting a pull back to get in on a scalp trade.
Long apple. Note key levels on the chart. Following strict stop loss.
If we re-test 397.80 Level...
Read image notes also.
The 3 gorges dam issue in China is heating up and is expected to break in the months of july and august 2020. Long story short, IF** this does happen, there will be consequences on the manufacturing market and Apple's production could be affected. Hence I am short fundamentally on Apple.
Trade hasn't presented itself yet. The short term...
-Strong accumulation potential as volume profile at given levels is high.
-Washed out to new lows and trending upwards since along with rsi (although neutral volume could indicate that this move may take some time)
- Looking for a double around 350-400sat.
-TD9 + 1 ,2 3, 4 sequence of candles after may suggest that the bottom is in.
-Yellow is the buy zone and red...