AAPD AAPL LONG (inverse) SETUP
AAPL is pulling back today, and so setting up AAPD for a swing long.
As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing
some green candles. The Williams alligator is showing divergence on the short time frame moving
averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish confirmation.
I have entered this trade to participate in the AAPL pullback which as a titan of the NASDAQ
affects the whole market. a decent position in AAPD ( along with SQQQ) will serve
to hedge the market a bit.
As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing
some green candles. The Williams alligator is showing divergence on the short time frame moving
averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish confirmation.
I have entered this trade to participate in the AAPL pullback which as a titan of the NASDAQ
affects the whole market. a decent position in AAPD ( along with SQQQ) will serve
to hedge the market a bit.