Risk of a major trendline break
is more psychologically needed
to flush out the weak holders of
AAPL shares over the coming
days, weeks and months.
We could see a push into the
390-400 area in this rally, but
at that point it would provide
an exceptionally low risk versus
high reward ratio that would be
wonderful to see.
At this level 385+ there is downside of 35
points to 350 and upside potential
of about 10-15 points. But at 395 there
will be 45 pts downside and only 5 pts
of risk for a 9:1 reward:risk ratio.
By: Technical Tim, December 1, 2011 1:11PM EST
is more psychologically needed
to flush out the weak holders of
AAPL shares over the coming
days, weeks and months.
We could see a push into the
390-400 area in this rally, but
at that point it would provide
an exceptionally low risk versus
high reward ratio that would be
wonderful to see.
At this level 385+ there is downside of 35
points to 350 and upside potential
of about 10-15 points. But at 395 there
will be 45 pts downside and only 5 pts
of risk for a 9:1 reward:risk ratio.
By: Technical Tim, December 1, 2011 1:11PM EST
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.