I’m long with a stop below the low.

Pay for your trade (Sell 30 % of your Longs @ 481)

462.94 -463.33 is where the 50 day and 200 day mvg avg’s converge.

Everyone will be eyeballing this # set.

Your intra day tolerance should be adjusted so as not to get ticked out on a flush into the mvg avg’s. Use a 460.50 stop.

This is the Hold or no hold level.
By Not holding this level AAPL could see a dump to the low 450’s.

Trade accordingly…we’ve picked a low extreme on a mid-week shuffle with defined risk.

Price action…

A spike intra day into these mvg avg’s followed by a move and a close back above 467 would signal a Bear Trap and a trad able low.

Long/Short algos will be running wild all day with sector rotation.