Apple IncShort
APPL short position
Signals
Position: Short
Entry price: $180.61
Target price: $161.10
Stop loss: $186.10 (3%)
Indicators
MACD line is above the signal line, suggesting that it has a bullish momentum and once it enters the restriction zone, the price is likely to get rejected and drop into the support zone.
Conclusion
We expect that the price will come up to the restriction zone and go back down to the support zone. We could entry as a short position, with the price set slightly lower than the highest restriction level. Stop loss is set at 3% regards the range of considered zone.
Not financial advice.
Position: Short
Entry price: $180.61
Target price: $161.10
Stop loss: $186.10 (3%)
Indicators
MACD line is above the signal line, suggesting that it has a bullish momentum and once it enters the restriction zone, the price is likely to get rejected and drop into the support zone.
Conclusion
We expect that the price will come up to the restriction zone and go back down to the support zone. We could entry as a short position, with the price set slightly lower than the highest restriction level. Stop loss is set at 3% regards the range of considered zone.
Not financial advice.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
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.