Strong response off 180 from AAPL as expected (Fib 61.8)

Asphen
02-04


Price action (4 Feb 2024)

- Fib 61.8 pullback 180 was a strong bounce

- Could it be a big dead cat bounce to form the right shoulder for Head and Shoulder and then break down below 180 to 165 (range play)

- As they say, it is only a confirmed pattern until the neckline break, so for now, the recovery seems on. Got to see how AAPL moves next week. 

- A 180 hold and breakout is still quite bullish


My plays

- Selling puts still for now

AAPL Daily - 4 Feb 2024

@melson  @CaptainTiger  @TigerStars  @macroB  @Deposit  

$Apple(AAPL)$  

Will You Buy Apple Under $180?
Apple surpassed analyst predictions for earnings and revenue. However, the company's stock declined 3% during after-hours trading due to growing concerns about a slowdown in China. ----------------- Will you buy Apple under $180? What's your target price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Chin0927
    02-05
    Chin0927
    180我會慢慢購買 拉低平均值
  • Sonsonkok
    02-05
    Sonsonkok

    Great ariticle, would you like to share it?

  • johnthedy
    02-05
    johnthedy
    Great ariticle, would you like to share it?
  • Mangoman
    02-06
    Mangoman

    Great ariticle, would you like to share it?

  • Pradyumn
    02-06
    Pradyumn

    Great ariticle, would you like to share it?

  • Bear24
    02-06
    Bear24
    Great ariticle, would you like to share it?
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