Prepare for AAPL’s big event

The selloff might continue. Here's the next step.

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Hey There, Today, Apple has its next BIG tech event. Analysts expect that the company will be announcing new iPhones, Apple Watches, and Airpods. Oh my! These events are tons of fun for techies and Apple enthusiasts, and they're worth watching just for that. But there are also important market trends you should be aware of before Tim Cook steps onto the stage! Cure your trading frustrations (in just 30 min.) If you're one of the millions of new traders that has opened a brokerage account but doesn't know what to do next… Or if you're a vet tired of looking at losing trades, wondering what you missed… You NEED to watch this new broadcast I recorded. I've used my 20-years of trading expertise to break down my trading day into a 30-minute master game plan. And now, I'm sharing that method for FREE with you... Check out my 30-Minute Trading Day here Over the last week or so, AAPL has seen a tremendous selloff. That might be a sign that the long bullish uptrend is over, although price really hasn't broken resistance yet (represented by the black dotted line on the chart above). Events like this can go one of two ways: There is an old Wall Street adage: "Buy the rumor, sell the news." It's not advice, necessarily, so much as it is a recognition of existing trends. Many times, the hype surrounding a stock gets built into it as a big news event approaches, such that even if the news is good, the air is out of the balloon, so to speak, and a selloff is inevitable, anyway. That could very well be the case here. It's tough to say. But we should really be focused on the technicals on this one. Remember, this isn't even a market event, technically. They won't be reporting earnings figures or sales numbers. They'll be hyping consumers on new products. So we don't need to worry about what Cook & Co. have to say, we've got to focus on the chart. If the downtrend continues, and we see a break past that line of resistance, then we might look at a significant selloff. At that point, we'll need to wait for another entry. But if we bounce off resistance, that puts 156.00 very much back in play and could be a chance for a quick trade for those paying close attention. I know I'll be watching closely. I just hope my kids won't be. I don't need three requests for an iPhone 13 for Christmas! Happy trading, Markay Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. At MarkayLatimer, we are strongly committed to protecting your privacy and providing a safe online experience for all of our visitors while offering a high-quality user experience here at www.MarkayLatimer.com. We know that you care about how the information you provide to us is used and shared. We have developed this Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of Information we receive from users of the Website. Markay Latimer owns & operates the Website. This Privacy Policy, along with our Term & Conditions, governs your use of this site. By using www.MarkayLatimer.com, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our terms and this Privacy Policy. If you have provided personal, billing or other voluntarily provided information, you may access, review and make changes to it via instructions found on the Website or by emailing us at help@MarkayLatimer.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located on the bottom of any related email from the Company. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe