Kristof Scalping Corner

What are the scalping levels for Apple today? $AAPl

This week we have option expiration week so let's go over some levels where you can trade Apple today.

First let’s go over some scalp short levels for apple 2day.
$460.00: pierce of the 200 moving average into a 61.8% retrace level.
$462.16 Gap window.
$465.33 Recent double top.

The scalp long levels are:
$448.26 : recent consolidation zone before a breakout.
$445.00 : pierce off gap fill $445.58 into a prior pivot high.
439.42: Gap fill.

QE or no QE? Who cares, Read The Charts!$AAPL, $SPY, $GS



Today we got a pretty slow trading day on Wall Street! There are some rumors out there that the FED will end there QE program later this year! Who Cares? I am using charts to help me through these financial markets


Since last week, we saw a pretty light volume float in this market. So as day trader I am only taking the best moments to trade, and that’s the first to hours of the trading day.


Let’s go over some scalping levels:


$AAPL: resistance: $460.00, $461.51, gap fill 463.66
Support: $449.00, $445.60, $441.86, $439.41

Today I want to go over some scalp plays for Wednesday may 15. Today we saw a pretty solid push in the markets after some bullish comments from large hedge funds. As Trader you avoid news and use the charts to help you.

$TSLA : Big reversal today on high volume so the top will be in on this stock! I will only scalp the best levels it can overshoot so use a wider stop loss on these trades!
Short: $91.14 and $97.06.
Long: Pierce of $75, $69.26 and $64.07.

$AAPl: Today $AAPL was extremely weak from the beginning we were going sideways on this chart while the markets where screaming higher. The big levels for tomorrow:
Short: $421.24, $453.25, $457.70.
Long: $439.42, $435.25, $432.99 and $430.12.