Thoughts on AAPL: Bullish for a Swing Trade (Picked up 200 Calls with Expo at 4/26 Price $3.65) AAPL and QQQ (ETF) are in Breakout Momentum
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 a Break and Close above 200 today (04/08/2019), I see a target Price between 205 and 210. Take Profits when you have them, Remember this is a Swing Trade
Disclosure: Not a professional Trader, this is not intended to provide investment advice. All Investing involves Risk