Thoughts on AAPL: Bullish for a Swing Trade (Picked up 200 Calls with Expo at 4/26 Price $3.65) AAPL is in Break out momentum QQQs ETF is also in Break out (TEch ETF) (Resistance at ~185)
Positive Aspects: - Riding the 10SMA (Daily)- Acts as support - Recently Continued Green Candles above the previous Candles Body - Earning coming up May 1st -Recent News with Health Care - Trade Talks with China would surge the stock higher
Negative aspects - May consolidate in the Short Term (Back to 10 SMA) - Earning have been risky this year
Resistance levels: -199.30ish (Been testing this level today 04/08/2019)
Support level: -I see support at 191.60 -10SMA (Daily) - Channel Would also provide support
Conclusion: With an AAPL Break and Close above 200, I see a target Price of 210. QQQs should continue to rise and Help keep AAPL moving. I would sell before 210 (Resistance) unless China Trade news comes out. Be Careful with Earnings and take profits when you got them.
Disclosure: I am not a professional Trader, This is not intended to provide investment advice and all trading involved Risk.