APPLE: willingness to number one before the presentation of new products

By | September 8, 2015

Approaching the date of the presentation of new products from Apple, scheduled for 20:00 GMT September 9, 2015. The presentation will be held at Bill Graham Civic Auditorium in San Francisco, USA. The capacity of the venue up to 7 thousand people, which in itself gives rise to rumors of grandeur and scale of the event. It is known that Apple will introduce iPhone 6s and iPhone 6s plus, will probably be Apple TV and new operating systems. If Apple‘s new products will be beyond expectations, or raise the veil on a new project – the company’s shares may receive significant support.

Traditionally, the nervousness before the events of this format increases the volatility of the shares, but the basic expectations of investors are more focused on the positive. Using the right to buy on expectations of sell on fact, offer to buy a short strategy.

On the daily chart the stock price after the collapse of August 24 kept rising support as the RSI has overcome resistance from the bottom up. On 15minutnyh charts RSI is marked by breakdown of the top of the downtrend, recorded the intersection of short (7) and long (14) moving averages, with both moving straight up.

apple chart
Apple chart
Trading analytics
APPLE (AAPL)   –    buy apple   –   Entry price: 110.5. Goal: 113.9. Stop loss: 108.
Warning: Profitability in the past does not mean profitability in the future. Any projections are for information only and does not guarantee a result.
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