Apple Inc
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AAPL breaks 50-day downtrend on FOMC day

CATALYST

Today is FOMC day. The Fed news just came out and it is seemingly positive, indicating that there are 3 rate cuts a head this year.

SETUP

Trend Reversal.

We are coming off a +55 day down trend. With today's announcement, we've broken the trend line.

RRR

8.07

PROFIT

12%

LOSS

2.55%

SOURCE

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Trend Lines

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