Apple has continued to climb easily passing the midpoint pivot giving it a meaningful chance at achieving $177.11. A pull back to $152.20 would trigger a reliable re-entry point. However use caution as earnings season is always preposterous and unpredictable.
A short at $177.11 could be attempted with a very tight stop. A blow through of the d-target would likely signify more run ahead.
A short at $177.11 could be attempted with a very tight stop. A blow through of the d-target would likely signify more run ahead.
Trade active:
Be ready to exit the trade if it falls through $171.80. It's come within $0.72 of our target but did not hit the final blow. However because it got this close we aren't going to wait for it to turn around it is starts to seriously fall. We'll consider it close enough and close the trade to protect our profits.
Trade closed: target reached