Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

A Low risk $AAPL long trade

I don’t know about you, but I see a support here at this level.  Take a look at the weekly chart below:


The way I see this, I can place my stop below yesterday low for a low risk trade on the long side.  This is a low risk “catch the falling knife” trade.

My 2 cents.

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