Pennywick

AAPL Channel Support Confirmed Friday

NASDAQ:AAPL   Apple Inc
With QQQ detached from the Monthly UBB I can not take long term (weekly) bull plays. I am watching for a market reaction to the macro stimulus negotiations stall and whether this is a chance for the market to resolve and check in with the UBB. If we move back-down to QQQ 263 I will be a buyer for a bounce. If we lose and backtest this channel level on AAPL, with volume, I will have puts ready. Longer term, market liquidity and the 4/1 split provide a bull backdrop. The only other headwind is China, they have been keeping the economic peace with muted responses to rhetoric, embassy closings, and of all things TiK TOK!!??
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.