Been waiting on AAPL to retest this dang macro trendline that AAPL has reacted well to since 2016. With Apple already drifting higher in after hours, all it should take is a nice Tuesday market gap up to get Apple to where it needs to be. Looking to go short at 209. Any sort of break through of this trendline with conviction, with a successful retest, get out.
Looking for it to find support down around the 196-199 RANGE. With earnings being around the corner, I can't see there being a major (20-30pt) sell-off until then. This move will have to be quick, any sort of consolidation at the 209 area for a few days will likely result in no move in either direction until earnings comes out as well.
*NOT Recommendations, Always do your own analysis first!**
Looking for it to find support down around the 196-199 RANGE. With earnings being around the corner, I can't see there being a major (20-30pt) sell-off until then. This move will have to be quick, any sort of consolidation at the 209 area for a few days will likely result in no move in either direction until earnings comes out as well.
*NOT Recommendations, Always do your own analysis first!**
Looking pretty good so far. Closed at the line yesterday, retested it today, and sold off pretty well.