If it remains above this level, please go long, for next target of 240 in the long run.
Remember, analysis is only one part of the trading- may be investing, swing, intraday or scalping.
In the five minute chart it closed below, 38% level, but only when it goes above it with sl just below 2,3%
Second part is execution. Execute with the help of other indicators such as Williams %R, SMAs, EMAs,.
Disclaimer, it is only for educational purpose. I am not a registered Analyst with any of the National or International Agencies. Please consult your Financial Advisor before making any decision.
Check my analysis on AAPL. Link provided.
