EvanMedeiros

yesterdays action should make you look for setups to buy

Long
BATS:AAPL   Apple Inc
3
longs in control here. in my blog this past sunday I was real interested to see if sellers could fill anymore of the ER gap and yesterdays action added a whole new layer of protection to that gap. I don't think this is going to be the easy swing long hold, I do believe there will be alot of choppiness and headfakes along the way and because of that you will need to keep a wider stop than usual. Just know the intermediate term trajectory is UP until proven otherwise. below 440 and i become much more neutral.

Evan Medeiros
Founder, Trade Risk
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