BoonHooi

Bearish Bat on AAPL

Giá xuống
BoonHooi Cập nhật   
NASDAQ:AAPL   Apple Inc
Why a bearish pattern on AAPL ? ;p because I have stopped buying their products. (just kidding)
Spotted a Bearish Bat on Apple Inc. Would like to see a reaction at the 117.00 levels.

Also RSI moving up to the oversold levels, risk reward of 2.3x
Giao dịch đang hoạt động:
Although it is not really a perfect time to take a trade close to the holiday season, but a pattern is a pattern. My short was triggered at 117.20 last night.

Stops at 119.20 but I will be watching this. A warning sign to exit will be if the price continues to bash above the PRZ. This current moment, the 117.20 looks respected.

Merry Christmas to all.
Giao dịch đang hoạt động:
Thou price has not moved much, I am liking the behaviour. Price respecting the PRZ and forming a rising wedge pattern (bearish reversal). Maybe it is just the holiday season.
Giao dịch đang hoạt động:
Hope that this is the start of the new leg down. Moved stops to $118.20
Đóng lệnh: dừng lỗ:
Trade closed last night at my tightened SL of $118.20
Saved about $1 of losses as the original SL of $119.20 was also hit.
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