Hi Traders
This week Apple did not manage to break the 400$ mark. This could indicate a short time drop. Ususally I would say thatafter a more than 50% run to the sky would be a clear sign for a stronger pull back but in the current market states
this might be wrong.
But one thing is for sure, the run has gone far and if you missed it, I would recommend to search for another opportunnity. Or at least at least wait for a strong pullback. Fomoing into this stock will have a bad R:R but even so would shorting it. So the sideline is the best for all of you not on the field already.
If you are holding Apple it could be a good moment to sell at least some parts of your position and move your stop upward. You might enjoy a risk free runner but there is no point of risking all your profits just because pure greed.
This week Apple did not manage to break the 400$ mark. This could indicate a short time drop. Ususally I would say thatafter a more than 50% run to the sky would be a clear sign for a stronger pull back but in the current market states
this might be wrong.
But one thing is for sure, the run has gone far and if you missed it, I would recommend to search for another opportunnity. Or at least at least wait for a strong pullback. Fomoing into this stock will have a bad R:R but even so would shorting it. So the sideline is the best for all of you not on the field already.
If you are holding Apple it could be a good moment to sell at least some parts of your position and move your stop upward. You might enjoy a risk free runner but there is no point of risking all your profits just because pure greed.
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Website for paid options: thehitman.io
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