tradeseek

Some Technicals on AAPL

Long
BATS:AAPL   Apple Inc
1
I bought AAPL after the Fibonacci Retracement breakout back in October. Retracements work well here since the top last year. Apple recently broke another retracement last week after a consolidation period. Although volume wasn't really high on these breakouts, I still see a short term run here with a stop loss at $531. My price target is $580; not sure if it will break. A test at $580 could also coincide with earnings release (time will tell). Also a bullish MA crossover back in September following a double bottom. I haven't use Fibonnaci Retracements on a stock before, any feedback?
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.