The risk in Apple shares appears to be on the downside based on its charts.
Here's what I'm waiting on to get involved today.
Facebook, Google and Amazon all reported good numbers for their online ad businesses, as did Twitter and Snap.
Tuesday all eyes will be on the report from Apple, but with the rate-cut news the next day, it will have a limited impact.
With the backdrop of an expected rate cut, Boeing wavering, retailers scrambling, and an ongoing tariff war with China, understand that your playbook is to buy stocks and hold them for as long as your homework shows that their businesses remain strong.
Let's check the charts and indicators.
Following TSLA's run into earnings and WDAY's failure to meet its initial upside target at the $231 area so far, let's take a close look at the charts for both.
Among other things, the web giant reported its ad price declines narrowed substantially and signaled that its Pixel and cloud sales grew strongly.
Let's check out the charts.
A break of the stock's 2018 lows would mean that the $100 area from late 2016 is the next downside price target.