Nov. 21 at 2:04 AM
$AAPL Trade Plan:
Market Context: The last close at
$266.67 shows a moderate position within the recent 60-day range of
$225.95 to
$277.32. The RSI at 41.47 indicates a neutral to slightly bearish momentum, suggesting potential for a rebound if it crosses above 50.
Directional Bias: The price is above the 30-day MA of 264.2 and significantly above the 50-day MA of 258.75, indicating short-term bullishness. However, the RSI below 50 suggests caution. If the price can hold above the 30-day MA, it may attract buyers.
Suggested Entry: Consider entering a long position above
$268, confirming upward momentum.
Stop: Set a stop loss at
$261 to limit potential losses.
Targets: First target at
$275 (near the 60D high) and a second target at
$280, assuming continued bullish momentum.
Monitor the RSI and MA trends closely for adjustments.
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