Hubert Senters here.
I am doing a video for Neil because he is a bond trading bootcamp alumni. He is taking the class and he has questions by Apple. He’s helped me out here on videos so shoutout to Neil.
And he’s want to know what’s going on with Apple. Apple is just kind of sideways. The ADX is a little low at $15. It is above the cloud for three days.
It can potentially climb to that $136 but with the state of the index is kind of pulling back. I don’t think it’s going to go very far.
And then you can see the cloud right here sideways in the top and ever so slightly up on the top and it went from blue to red so it’s above the cloud but it’s saying it wants to go lower and it’s non-trending.
For me right now I don’t know that I would be in Apple. I would just wait until we resume the uptrend or downtrend to make a decision on Apple.
So right now for me it’s just like a non-trade. I think there’s better longs and there’s better shorts than that.
So for me I know tons of people love this company. I love the products too. And it’s a great little stop but just right now technically it might go to $137 or it might go to $123 and its at $130 so it’s not a really good risk reward trade either direction right now in my opinion.
But that is what the technical say the good old-fashioned chicken bones. I’m going to be doing a special webinar on How to Make $1,000 or More Risking Only $156.25 Wednesday, June 23rd at 2PM EST.
Click this button to register. Now, you’re probably saying I thought you just started that course. I did. I taught it live this Friday.
We’re going to be doing another live class Wednesday at 7PM and another one Sunday at 6PM. we’ve got a few more spots so I’m trying to give you the opportunity to learn the information.
Good luck. Hope it helps. See you on the next video.
Hubert.
