APPL down nearly 5% today, I bought at 116 got out just under 119 yesterday, was gonna hold until it hit a new high but looks like this could be more than a temporary pullback.
It's all about people reaction to China news, in this sense AAPL could go down even more, because sales in China can dramatically fall down. The Chinese government actually doing some crazy moves last year. But I think, a situation should calm down, because even though the sales will fall, but AAPL costs in China will fall too because yuan just became less stronger
Price action scares me unlike past 2 days where it was cut and dry. Any trade in 1st 30 mins is reckless gambling today.
I see a lot of fear in the markets today! And when people are scary it can be a good opportunity to make some money.
$AAPL bounced in the $109’s on Wednesday. AAPL has good volume and volatility right now so trade away. If you make a buy, it will come back