Hi Traders
This week Apple did not manage to break the 400$ mark. This could indicate a short time drop. Ususally I would say thatafter a more than 50% run to the sky would be a clear sign for a stronger pull back but in the current market states
this might be wrong.
But one thing is for sure, the run has gone far and if you missed it, I would recommend to search for another opportunnity. Or at least at least wait for a strong pullback. Fomoing into this stock will have a bad R:R but even so would shorting it. So the sideline is the best for all of you not on the field already.
If you are holding Apple it could be a good moment to sell at least some parts of your position and move your stop upward. You might enjoy a risk free runner but there is no point of risking all your profits just because pure greed.
This week Apple did not manage to break the 400$ mark. This could indicate a short time drop. Ususally I would say thatafter a more than 50% run to the sky would be a clear sign for a stronger pull back but in the current market states
this might be wrong.
But one thing is for sure, the run has gone far and if you missed it, I would recommend to search for another opportunnity. Or at least at least wait for a strong pullback. Fomoing into this stock will have a bad R:R but even so would shorting it. So the sideline is the best for all of you not on the field already.
If you are holding Apple it could be a good moment to sell at least some parts of your position and move your stop upward. You might enjoy a risk free runner but there is no point of risking all your profits just because pure greed.
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.