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SHORT Adjustment Apple Inc.- AAPL
US stock price signals and analysis
Good morning Traders,
For educational purposes, let's see how we could have handled the September 5 SHORT trade on Apple.
Below we see the signal
After a few days of laterality, after the possible market entry and the SP500 market making a strong bullish move on Sept. 7, we could prepare for an adjustment of the inserted stop loss, increasing the distance from the entry, but without increasing the total risk, closing at a loss half of the position, so as to cash in a small loss while waiting for the important CPI news.
Below chart with Apple above and below the S&P500 index, where it can be seen that two days after the signal, the index made a strong bullish move, while Apple still was almost in the market entry zone.
So doing so could have widened the stop loss, as the reported position was not wrong, given the current macro economic situation.
Today a new short signal arises, in line with its index, which will be the subject of a new dedicated article.