$AAPL In Consolidation

is consolidating here in a wedging pattern. I do not know which way this will resolve. But, since I rarely if ever short, I am looking on the long side of a trade. The thing I like about a consolidation pattern like this is, you know when you are wrong very quickly. My plan is to take a ¼ size long position if / when it moves above the 50 DMA (red) with a stop just below the most recent low (which would also correspond to dropping below the lower wedging trendline.

Then if it can break out over the upper downtrend line, I will look to build out my position. I thought this would be a good one to put on your watchlist. If you like the idea, please make it your own so that it fits within your trading plan.

トレード稼働中

I have been long for about a week. I have added progressively and as of today have a 125% position as it looks like it is breaking out here.

ノート

Building a nice bull flag here... I am looking to add to my position.

Brent_Calver

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I am under no obligation to post any action or update to any idea.

Follow me on "X" where I post more content.

他のメディア:

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。

Brent_Calver

他のメディア: