Apple, the most highly held stock in the USA, is great to swing trade. Let Hawkeye teach you how to swing trade the $AAPL.
Chart 1 - Apple 60-Minute Chart
This 60 minute chart shows that the market has entered congestion and the unique Hawkeye Volume indicator is showing accumulation volume (as indicated by the cyan arrow).
Chart 2 - Apple 30-Minute Chart
Although the 30-minute trend has been up there is no volume support and the 60-minute trend is flat (as indicated by the cyan arrow). So although the bias was to the long side, volume was not pushing up prices but showing accumulation.
Note: the cyan arrows are placed for illustration only, and are not part of the software.
Hawkeye Perspective - Swing Trade
Market bias is to the long side, as shown by the 30 and 60 minute charts, where both are showing accumulation. Even the 120 minute chart (not shown) is showing accumulation. But patience is required - a break above the last pivot high on the 30-minute chart (indicated by the yellow dot) at 530 will show the commencement of the swing trade. So, did we show you how to swing trade with Apple?
Join Randy in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.
Learn to trade the Hawkeye way.