In terms of a swing trade or investment, I see no opportunity at this moment in AAPL. I am looking to see which way it breaks out of a tight consolidation of the last few days. It is close to overhead supply and I don't see a good risk/reward situation with a breakout to the upside.
Overhead supply around $180.
I can see a better chance going long by buying in demand below for a swing trade or investment. I also think selling puts in the lower demand is a decent bet.
If I wanted to do a scalp trade, I would look for a entry at the low of the last few days and take an entry around $169 and a stop at $167.75 I would only do this as a confirmation trade (meaning it has to dip below $169 without going below $167.75 and then taking a limit order at $169) with a target near the top of the consolidation. $172.75 allows a profit or $3.75 for each $1.25 that is risked.
Overhead supply around $180.
I can see a better chance going long by buying in demand below for a swing trade or investment. I also think selling puts in the lower demand is a decent bet.
If I wanted to do a scalp trade, I would look for a entry at the low of the last few days and take an entry around $169 and a stop at $167.75 I would only do this as a confirmation trade (meaning it has to dip below $169 without going below $167.75 and then taking a limit order at $169) with a target near the top of the consolidation. $172.75 allows a profit or $3.75 for each $1.25 that is risked.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.