AAPL Hasn't Been This Oversold Since the Pandemic Started

When in doubt, zoom out. You'll see that AAPL had the RSI touch 30 on the daily view on March 5th. It's very possible that was the bottom, but I think the Friday rally was a dead cat bounce. Stimmy is good, Monday might be green, but I don't think we're out of the woods yet.

I just really want to enter AAPL around $115-$120, establish a PMCC maybe for 2022 or 2023. Let's not forget they released increasing revenues and profit, despite being a titan already. THEY'RE STILL GROWING. That just fucking amazes me, and their proprietary M1 chip means that I can't shit on them anymore for having overpriced and underperforming hardware ): The current CEO is doing great things for AAPL as a company. I still dislike Apple products and the brand to a good degree, but you can't argue their brand loyalty and aesthetics make a lotta fucking money.

Okay back to the technicals, IV30 is low af. This means you can profit on long term calls with just IV expansion, as long as you don't pick some retarded strike lol.
$150 1/21/2022 may or may not be a stretch, I'm looking for $120.

On the 4Hr & 3Hr, maybe the MACD can cross over, but that's too easy of a trap to fall for. Now, on the lower time frames, 2Hr & 1Hr tell me that AAPl can be due a nice rebound to around $125. If AAPL bounces off $125 resistance as part of this bear trend, I'll be looking for that leap and to short AAPL with some puts. It also looks like AAPL slowly forming an ascending triangle that will play into late this year or early next year.
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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