Monday, September 14, 2015

#AAPL Bias Update and Levels for Monday, September 14, 2015

#AAPL Bias Update and Levels for Monday, September 14, 2015SocialTwist Tell-a-Friend


AAPL is getting a nice headline pop today but in order for AAPL to continue higher with ease post the FOMC rate hike decision APPL will need a Daily close above the key resistance at 122.40-122.80 zone which is the bottom of the previous balanced area before the most recent earnings (ERs) drop which is also Daily +3Sigma as well.

Post the FOMC rate hike decision later this week the first key area of support I will have an eye on is last week's value area high (VAH) at 113.30. As long as holding above 113.30 the odds will increase for higher in AAPL this week.

If below 113.30 the line in sand (LIS) is the other side of value at 110.65. If a Daily close below value this week the Daily Sigma is currently showing a -3Sigma target at 99s; however AAPL will also have to get through the low volume area (LVA) at 104s for chance and potential of achieving the -3Sigma target at 99s.      



Ethan Premock
Futures & Options Strategist Hamzei Analytics, LLC

Posted by Hamzei Analytics, LLC at 1:39 PM

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