Everyone says, buy low and sell high!
$Apple(AAPL.US$ But they dont teach you how! check this out and learn how. you need to open the drawing tools and draw some parallel channels. when the price touches the bottom channel and the RSI dips below 30% buy a couple shares. test this and see it im wrong! by the way it wont work with crap companies like $Faraday Future Intelligent Electric Inc.(FFIE.US$
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103890396 : does this mean we should sell aapl soon? rsi is close to 70 now
DJHerbie OP : I only sell when I get the 70% RSI and the top channel. You need both to confirm that it’s been over bought.
DJHerbie OP : Here is a strong convergence and you can see the result. All 3 RSI above 70% and breaking the top channel…
OptionsKing : You don't sell Aople, you buy it. Those who trade blue chips don't make money come tax time. Buy hold for Mondays main event
DJHerbie OP OptionsKing : But would you do some APPL covered calls King?
OptionsKing DJHerbie OP : I bought call options strike price $200
DJHerbie OP OptionsKing : Those will hit 200 next Friday.