I love moomoo. The technical analysis and trading information available here doesn't compare to anyone else. Always learning and improving.
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Let's go over recent price action and short interest on apple stock.
In the second chart you can see in mid June apple was trading around $135 with a short interest of 120million. As prices went up short interest decreased and more shorts covered.
In the second chart you can see in mid June apple was trading around $135 with a short interest of 120million. As prices went up short interest decreased and more shorts covered.
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It may be small gains to some but I reached my % goal on the trade, scalped a few calls on one of the index etf's but sold too early.
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Fighting the markets today. Today was difficult to trade.
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70% rule: Spending no more than 70% on wants and needs. Save at least 30% in a rainy day fund. Older ages learn the difference between good debt and bad debt. For example spending on a credit card for wants such as a new iPhone or tv.
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Sometimes it better to wait for a good opportunity. Peace, love, and good luck to all🤞
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April was a difficult month to trade with some unexpected volatility. I managed to make 10% which met my goal but overall some of my trades were disappointing with either a bad entry or bad exit. Consistency is key. Wait for a good opportunity and don't jump on anything that moves.
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I use the macd and exponential moving averages. Also watch overall market sentiment, SPY, QQQ, DIA, etc.
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