Cow Moo-ney commented on a stock · Jan 18, 2023 09:02

Bullish Apple

Shared in my video:

Macd had a bullish crossed last Monday, and since then, Apple rallied quite decently. To add on, when that happened, I actually sold a Put option contract, which is a bullish strategy.

Personally, I think this momentum could still continue as Apple will only report their earnings on 2 Feb. So from now till then, if there isn’t major bad news from the company, Apple has room to run up. We could head towards 140 before hitting a heavy double resistance formed by the 61.8% Fibonacci retracement level and the 50 moving average.

Check out my video for more info

Do subscribe if you have not. Trying to push towards 500 subs

Stocks Rise! Inflation Eases! Start of a New BULL Run?