AAPL TRADE

Apple closed at a new high then proceeded to close red 3 days in a row. Chances for apple to close at a 4th day in a row are less than 35%. Also very low chance of trading below the PLOD (previous low of day). This is the trade location. This is what the the equity curve looks like if you traded AAPL based on this pattern in the past:

aapl

I basically got long AAPL midday and held until the close. Small profit, but profit nonetheless.

 

aapl

 

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