Trading Apple $AAPL With Integrated Risk Controls

September 07, 2023, 09:15 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Apple (NASDAQ: AAPL) report below can help you, but we have more details too. The trading plans for AAPL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for AAPL

• Buy AAPL slightly over 172.25 target 185.56 stop loss @ 171.75 Details

The technical summary data tells us to buy AAPL near 172.25 with an upside target of 185.56. This data also tells us to set a stop loss @ 171.75 to protect against excessive loss in case the stock begins to move against the trade. 172.25 is the first level of support below 176.29 , and by rule, any test of support is a buy signal. In this case, support 172.25 would be being tested, so a buy signal would exist.

• Short AAPL slightly under 185.56, target 172.25, stop loss @ 186.1 Details

The technical summary data is suggesting a short of AAPL as it gets near 185.56 with a downside target of 172.25. We should have a stop loss in place at 186.1though. 185.56 is the first level of resistance above 176.29, and by rule, any test of resistance is a short signal. In this case, if resistance 185.56 is being tested, so a short signal would exist.

Swing Trading Plans for AAPL

• Buy AAPL slightly over 185.56, target 186.69, Stop Loss @ 185.02 Details

If 185.56 begins to break higher, the technical summary data tells us to buy AAPL just slightly over 185.56, with an upside target of 186.69. The data also tells us to set a stop loss @ 185.02 in case the stock turns against the trade. 185.56 is the first level of resistance above 176.29, and by rule, any break above resistance is a buy signal. In this case, 185.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAPL slightly near 185.56, target 172.25, Stop Loss @ 186.1. Details

The technical summary data is suggesting a short of AAPL if it tests 185.56 with a downside target of 172.25. We should have a stop loss in place at 186.1 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 185.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AAPL

• Buy AAPL slightly over 185.56, target 186.69, Stop Loss @ 185.13 Details

If 185.56 begins to break higher, the technical summary data tells us to buy AAPL just slightly over 185.56, with an upside target of 186.69. The data also tells us to set a stop loss @ 185.13 in case the stock turns against the trade. 185.56 is the first level of resistance above 176.29, and by rule, any break above resistance is a buy signal. In this case, 185.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AAPL slightly near 185.56, target 172.25, Stop Loss @ 185.99. Details

The technical summary data is suggesting a short of AAPL if it tests 185.56 with a downside target of 172.25. We should have a stop loss in place at 185.99 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 185.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

AAPL Ratings for September 07:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	172.25
P2	187.77	186.69	185.56
P3	192.61	191.96	199.34

Support and Resistance Plot Chart for AAPL

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