Tomorrow, Friday (8/19/2016) is 3rd Friday of the month options expiry … GLTA.
Apple Inc. (AAPL)
The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side. If already holding long positions, look to take partial profits on any retracement to 107.16. Traders with remaining long positions, after profit taking, should consider placing capital conserving stops in the region of 104.77. Be prepared for a potential short term price pull back to the 106.55 area.
If Long, exit all contracts at … 103.68
If Short, exit all contracts at … 110.23
- :: Pivot point 109.23
- Support (s1) 108.87 Support (s2) 108.65
- Resistance (r1) 109.45 Resistance (r2) 109.81
- Simple Moving Average (Close 50): $100.29 (uptrend)
- Simple Moving Average (Close 200): $103.10 (downtrend)
MACD Value: 2.629 MACD Signal Line: 2.558
Additional Apple Inc. (AAPL) DAILY chart info:
- Overall, the bias in prices is: Upwards.
- Short term: Prices are moving.
- Intermediate term: Prices are trending.
- Note (1): this chart shows extraordinary price action to the upside.
Note (2): prices are vulnerable to a correction towards 102.81.
- The upper projected target is: 113.23.
- The lower projected target is: 105.33.
- The projected closing price is: 109.28.
-– Monday, 8/15/2016 thru Friday 8/19/2016 ——
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- SPDR DJ INDUSTRIAL AVERAGE ETF (DIA) July 2016 (d-w-m)
- The Eleventh Sector for 2016: Real Estate
- Index Support and Resistance for Monday, 8/8/2016
- Index Support and Resistance for Tuesday, 8/9/2016
- Index Support and Resistance for Wednesday, 8/10/2016
- Index Support and Resistance for Thursday, 8/11/2016
- Index Support and Resistance for Friday, 8/12/2016
- Index Support and Resistance for Monday, 8/15/2016
- Index Support and Resistance for Tuesday, 8/16/2016
- Index Support and Resistance for Wednesday, 8/17/2016
- Correction, pullback, or Bear Market? Part 3
- Correction, pullback, or Bear Market? Part 2
- Correction, pullback, or Bear Market? Part 1
( x) All Links can be opened in a new tab or new window …
Hope the above Apple Inc. (AAPL) Support and Resistance calculations for Friday, 8/19/2016 help your investing and trading planning today …