AAPL: Long amidst droves of bears

17 янв. 2016 г.

I'm long AAPL, and would like to share my chart setup here.
There's a very interesting level below price, and also below the S&P500's low.
Tim West has covered this extensively in his publications, it's a technique used to find prices where the smart money has bought, absorbing retail supply en masse.
These levels are detected using Vix spikes, and finding the price where a 75% retracement of the fear spike landed.
I won't go into much more detail about it here, but I'll clarify my reasoning for this entry.

I was looking for a good price to go long AAPL for a while, and expected it to reach the 100 mark.
We had a weekly downtrend signal operating and recently we not only exceeded the target, but also time for it ran out.
So there are multiple reasons to enter the long side here, with either a wide stop loss or no stop and adjusting position size based on volatility.
If interested in learning more, contact me for more information. As many know, I'm running a trading group where I share setups such as this or any of the published charts I have, but with very clear money management cues, such as add in opportunities, trailing stops, etc. as well as other options for traders who can't trade themselves directly or those who wish to receive coaching..

Cheers,

Ivan Labrie.

19 янв. 2016 г.

Сделка активна

AAPL is acting well. It must hold this zone and build a base over time.

20 янв. 2016 г.

Заметка

AAPL might test the next vix support level. Still in long, portfolio is net positive, despite the selloff.
(We have some downside protection) :)
Cheers.

22 янв. 2016 г.

Сделка закрыта вручную

Boom, nice profits here. Protecting capital for the time being. Expecting downside soon.

26 янв. 2016 г.

Заметка

After earnings are out we'll have clearer indications. For now, I remain bullish, but flat.

27 янв. 2016 г.

Заметка

AAPL looks like will test our next VIX support below.

I'll be looking for more longs lower.

28 янв. 2016 г.

Заметка

AAPL testing the 93.28 buying wave support.
If it holds it'll form a base and rally with some luck.
If not I'll look to buy lower.

29 янв. 2016 г.

Заметка

Solid daily close today. Still waiting, if we get a new buy setup here it'd be great.

29 янв. 2016 г.

Сделка активна

Amazing how price reacted to the vix support levels I drew. Click play, two great long entries were offered. Currently long from 95.71.

3 февр. 2016 г.

Сделка закрыта: достигнута стоп-лосс цена

Got stopped at break even recently.

11 февр. 2016 г.

Заметка

AAPL might be building a base, as it is, it's a value stock.

12 февр. 2016 г.

Заметка

Monitoring for a new long entry tomorrow.

17 февр. 2016 г.

Заметка

We're long AAPL as of today.
We have a very bullish close above the key earnings resistance where AAPL reported last, and also a very significant accumulation base in the lows (and a time at mode uptrend signal)