Chasing green candles near local highs is how accounts bleed out, but taking structured entries on confirmed retests is how you stay consistent. Here is the breakdown of our recent $Apple(AAPL)$ setup and the exact level I'm watching for the next execution with Apple sitting around $319.70.
Previous Trade Execution
-
Entry Zone: $305.00 – $307.00
-
Target: $320.00
-
Invalidation: $299.50
Why The Setup Worked
-
Price Reclaimed Key Support: AAPL reclaimed the major $305.00 structural flip zone after a quick liquidity sweep under the previous swing lows.
-
Momentum Continuation: Higher lows kept building on the 4-hour chart while price stayed above the sloping 20-EMA.
-
Volume Confirmation: Buying volume expanded heavily as price broke back through the $312 resistance, confirming institutional backing.
Result
-
✅ Trade hit the target clean at $320.00
-
Profit: +4.5% equity move (+38% on short-dated calls)
Next Setup Plan
With AAPL trading right at $319.70, I am currently back in cash and letting the market come to me. I'm not chasing the move up here I want the next clean setup with defined risk.
If price pulls back into the $312 zone and shows a strong 4-hour rejection wick on healthy volume, I will look to re-enter. If price snaps below $307 without holding support, I walk away.
Over to the board: Are you taking profits on $AAPL around $320, or holding out for a push toward $330+? Drop your chart levels in the replies!
Comments