Price target was raised on AAPL right as RSI is topped out and price trend is ending.
Price trend is currently over 45-degree angle (unsustainable).
Previous price trend shows same pattern, followed by 29 day and 79 day downtrend.
All red boxes are unfilled gaps in price which should get filled. I believe we may retest the 200SMA.
Buying puts 30-60 days out is best in my opinion.
Everything is pointing to profit taking before end of year.
CNBC Yesterday - youtube.com/watch?v=RP8kK4cUmN8
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short AAPL.
Price trend is currently over 45-degree angle (unsustainable).
Previous price trend shows same pattern, followed by 29 day and 79 day downtrend.
All red boxes are unfilled gaps in price which should get filled. I believe we may retest the 200SMA.
Buying puts 30-60 days out is best in my opinion.
Everything is pointing to profit taking before end of year.
CNBC Yesterday - youtube.com/watch?v=RP8kK4cUmN8
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short AAPL.
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.