We have written 2-3 posts about
AAPL
to find entry, you can see them in the related ideas section.
As the stock was (and still is) trading below its key moving averages: MA-50, 150, 200, we expected the stock to go down further from the price range $168 - $169.
However it did not happen like we expected. On March 20,
AAPL
showed a strong session, though volume did not pick up yet. The stock closed at high, crossed above the resistance AND its moving average MA-20.
Therefore we started to enter the stock again here around the close.
AAPL
to find entry, you can see them in the related ideas section. As the stock was (and still is) trading below its key moving averages: MA-50, 150, 200, we expected the stock to go down further from the price range $168 - $169.
However it did not happen like we expected. On March 20,
AAPL
showed a strong session, though volume did not pick up yet. The stock closed at high, crossed above the resistance AND its moving average MA-20. Therefore we started to enter the stock again here around the close.
Trade fermée manuellement:
I closed the trade on March 21, as it did not follow through and go down below both the resistance and the support
