The_Cannalyst

Downmove faster than a speedy bullet!

The_Cannalyst Actualizado   
NASDAQ:AAPL   Apple Inc
20
The decision was made! Faster than exspected, Apple crashed and converges to the Pivot Support Level at 93$. Could Apple not defend this Level, a further downmove till 60$ could be exspected.

At the actual Level, 2 different trades can be made.
1: Midterm short trade with Stoppsell @ 90-91$, SL 108 and TP 60$!
2. Tripple-Bottom-Fishing: Entry Now, SL between 87-92, TP 110$

My former apple-Analysis showed some different sights - they arestill valid:
The longterm trend is still full intact. Now Apple-6.26% has reached it s Pivot Level - the falling trendline @ 111.5$. Here is based the SMA 200 - this SMA could be seen as a resistance as well as a buy-trigger.

At this Level, several trades can be made:

1. Trying to catch the next downwave with a shortterm Short Position for those who don`t believe in higher Prices:
- Entry would be at the actual Price @ 110 , SL 115$ TP1 93$ If we see this Szenario, athe next short trade can be made:
2. Midterm short trade with Stoppsell @ 90-91$, SL 108 and TP 60$!
3 For those who believe in higher Prices, a shortterm Long Position with StopBuy near above the SMA 200 , SL near below the SMA and first TP would be the last High @ 123.5$.
4. The next procyclical Long Position could be opened with SB10.48% at 124-125 with SL 115 and TP 133
5. The Big strategic longterm-Long Position can be made with Prices above the Alltimehigh at round abpout 135$ with SL 122 and TP 160

Good luck!
Comentarios:
shortpüosition is triggered and active...
Operación cerrada: objetivo alcanzado
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