This chart from today's Early Look by Keith McCullough shows the Risk Ranges for Apple, which has broken trend multiple times since the company guided to zero growth.
All of our all-star Risk Managers were short it yesterday and can cover SOME on the way toward $182. That sets them up to reload on the short side on any bounce if the stock is immediate-term TRADE #oversold on the pending EPS “news.”
Subscribe to McCullough's Risk Ranges to receive daily buy and sell signals on Apple, Google, Nvidia and 30+ other tickers.
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5
Hedgeye University | Become a Better Investor
Hedgeye Education Center | Learn More About Hedgeye
Learn About Our New Sectors: Global Technology Pro and Software Pro
