Still bullish, but 84 looks likely here, currently flat.
Apple, Earnings Warning;
Started by
slupert
, Feb 17 2020 04:26 PM
35 replies to this topic
#22
CLK
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Posted 19 February 2020 - 11:54 AM
When I saw the MACD crossover and retest, that was bullish in a bull market, probably looking at 3500-3700 into April before a correction.
#23
12SPX
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Posted 19 February 2020 - 12:57 PM
The sentiment on forums is about 9 to 1 bears, every dip is a call for a crash or big correction.
Whats interesting is that short interest is at record lows which I think is more important than an opinion of bearish or bullish.
#24
CLK
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Posted 19 February 2020 - 07:23 PM
AAPL gained nearly all back after warning, other big caps are steadily climbing.
Once 10k goes, expect a big run from there, could gain thousands before the April/May top.
#25
CLK
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Posted 20 February 2020 - 08:04 AM
Long here at 3381, no stop.
Will close at 90.
Edited by CLK, 20 February 2020 - 08:09 AM.
#26
12SPX
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Posted 20 February 2020 - 08:38 AM
Long here at 3381, no stop.
Will close at 90.
oops lol!!
#27
12SPX
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Posted 20 February 2020 - 08:55 AM
Sorry it was just the no stop thing, no matter what you should always have a stop on. With the height of the market today it can move so quick you can get caught. When the S&P was below a 1000 you didn't need to worry to much.
#28
CLK
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Posted 20 February 2020 - 10:01 AM
Sorry it was just the no stop thing, no matter what you should always have a stop on. With the height of the market today it can move so quick you can get caught. When the S&P was below a 1000 you didn't need to worry to much.
Stops are a guaranteed loss, if you can't take the drawdown, you are not capitalized and have no business trading.
#29
CLK
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Posted 20 February 2020 - 10:09 AM
Out for +7, close enough.
#30
12SPX
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Posted 20 February 2020 - 10:20 AM
Sorry it was just the no stop thing, no matter what you should always have a stop on. With the height of the market today it can move so quick you can get caught. When the S&P was below a 1000 you didn't need to worry to much.
Stops are a guaranteed loss, if you can't take the drawdown, you are not capitalized and have no business trading.
Oh my, guess my 35 years in this business didn't give me any knowledge thanks. Just so you know same trade I made 6 extra points with the movement from 3378 with my "protective profit stops" and last one still sitting at 3385!
Edited by 12SPX, 20 February 2020 - 10:21 AM.
