What could save AAPL? This point.

Ok traders, AAPL broke the 126, and we have no good pattern around, but if tomorrow (or Monday), it closes a candle above the 126 again, this would confirm another long trade. The RSI is so oversold, that it is worth to consider this possibility.

snapshot

I'll keep the advanced breakout idea on the chart, as it still might work, but I'm not too excited about this anymore.

I booked profits on several stocks, but I'm holding AAPL, because it has low volatility, there's still some upside left, and the RSI in the 30min looks interesting. But I agree that AAPL must do something good quickly, otherwise, it might just drop to the 124.

I'll keep you guys updated on AAPL. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.

See you soon,
Melissa.
AAPLappleMultiple Time Frame AnalysisoversoldRelative Strength Index (RSI)Support and ResistanceTrend Analysis

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