Admittedly, this is premature, but that has never stopped me before. The top is in for Apple. The 240 level needs to be broken decisively for a true signal to be generated, but it is just so tempting... If the 280 level is broken decisively any sell signal will be negated. So there you have the levels worth watching. 27 points of risk, with 63 points of profit potential. Not the best risk reward ratio yet, but if that 240 level yields that will be more like 5 points of risk, with 45 points of profit. That would indeed be a sweet trade. Now if only I can wait until it triggers..... Trader know thyself and know thy risk.
Labels: AAPL, Apple
0 Comments:
Post a Comment
<< Home