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HGCRD
27. Jan. 2022 17:06

Estimate | AAPL | Buy Side Long

Apple Inc.NASDAQ

Beschreibung

Signals:
Stochastic: Late Buy alert
MACD: Pioneered Buy alert
RSI: Early Buy alert

Notes:
Awaiting a minimum earnings surprise of 5 cents over the wall street EPS consensus.

Bias:
Positive, Optimistic

Kommentar

(Advisory) responsibly I suggest waiting for the earnings results, obviously there's still a considerable amount of selling on paper. I'm initiating a blind virtual position at this precise moment for 10,000 shares long.

Kommentar

(Follow up) my profits are fluctuating around the $4,000 mark.

Kommentar

(Follow up) my losses are fluctuating around the $2,000 mark.

Kommentar

(Hypothesis) I'm going to hold my long position over night at the risk of a disappointing Earnings report.

Kommentar

(Analysis) My target price for tomorrow is roughly $162.50

Kommentar

(Memo) it's the first time in 4 quarters Apple will release earnings into a down swing.

Kommentar

"It's indubitably an insecure standpoint because there's a lot of negative sentiment on the street."

Kommentar

EPS Results are in: $2.10, a surprise of 20 cents over the Wall Street consensus!

Kommentar

"Folks it's time to start leaning skepticism on all your favorite Short estimates, I refer you not only to my long estimate but any other long estimate on Tradingview."

Kommentar

"That goes for any short signals as well."

Kommentar

(Analysis) In response to the Gap-up this morning I adjusted my target price upwards to the $165 territory.

Kommentar

"My intentions are to complete a day trade."

Kommentar

(Follow up) currently my profits are fluctuating around the $35,000 mark.

Kommentar

(Conclusion) I liquidated my position at $164.23 making a profit of $49,600.

Kommentar

(Reflection) "If I held on for a minute longer I would have hit my target price, but I'm still in the face of a lot of short estimates and things were getting a little too shaky to ignore good business practice."

Kommentar

(Conclusion) as per my liquidation my journal entry is now complete; my final thoughts -outside of a day trade I'm confident there's plenty more upside for AAPL this quarter.
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