It's been a rough couple of weeks for any long-biased traders, but I see a potential setup opportunity for a range-bound play that can either be taken on confirmation (TAKE NOTE: CONFIRMATION, not TOUCH) of bottom channel trendline, or on a break of the downtrend line within the channel if you want to play it even safer (or do both and size in...)
I have no position, but will be watching, as AAPL's success will ultimately lift quite a bit of the S&P
I have no position, but will be watching, as AAPL's success will ultimately lift quite a bit of the S&P
Trade closed: stop reached
invalidatedNote
Ha... well there we go learning something about throwing in the towel too early. notice the area we gapped up to ;)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.