Comments on: AAPL Bounce Trade Idea 1-4-24

By: B-Right

B-Right — Thu, 04 Jan 2024 16:09:46 +0000

In reply to rsotc. These posts are also very timely to get in and out Randy. Thanks.

By: jmccallum

jmccallum — Thu, 04 Jan 2024 15:43:27 +0000

If it’s not too much to ask, can you let us know about the financials and bitcon related issues too. I’m warming to the idea of the financials weakening after looking at JPM and C. MSTR and COIN both look suspect as well. Along with NDAQ.

By: rsotc

rsotc — Thu, 04 Jan 2024 15:34:14 +0000

In reply to jmccallum. I'll be posting frequent updates on the stock market & Mag 7 going fwd. As of now, I'm targeting that 187ish resistance for an AAPL bounce trade but I'll be very closing monitoring everything else as you can see how much AAPL rallied, even during the 2022 bear, after the RSI fell to or very near the 30 oversold level. As such, the potential for a much larger rally is certainly there.

By: jmccallum

jmccallum — Thu, 04 Jan 2024 15:20:39 +0000

Thanks Randy, sold my XLKs a day early but what the heck.
May buy AAPL puts on the bounce instead of XLK. We’ll see.