Apple hit it's yearly R1 pivot today at $151. Are the highs for the year in? We'll find out on Tuesday when they announce their 2nd quarter earnings. I think Apple drops back down to the yearly P at $115 in the coming months.
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1) Protect your capital 2) see rule #1 3) don't trade what you think, just trade what the charts say 4) use stops on all orders 5) never let a winner turn into a loser 6) never buy R2 7) never short S2 8) 3 losing trades in a row= strike 3.......shut down the computer for the day. Something is wrong in my head!
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