we have been watching apple for a few weeks now as we knew that after the dip in the stock we would see buy pressure come into the market soon. we finally did see that as apple made higher highs. so what we identified in order for us to place a quick in quick out on this stock is we identified a lower timeframe area of consolidation (outlined with the red zones) so we placed a buy limit order at the lower zone with a tight stop loss for our final target being the upper level of consolidation. we do have earnings coming out on this stock this week on Wednesday so we have put our stop loss to entry and taken half our profit as we know that the market can be unpredictable when earnings come out, even if they are positive.
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