Look at AAPL and GS. They are oversold, and, IMO, when they decline to their lower end support, they want to be purchased.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5HREyLZmykdxiyMTAHdVvCWWdhkz03oM7Xug1H6JPVPxjUXIrgajPpyzCp2okUsqrER1WPjl7p0knA-7lmCZuTiUFrYZ9sNS3-9MYz2Q2ulwR3BybLBd8gnl4pSZ4TGecQrOtX-mL1Fw/s400/sc.png)
I would love to see AAPL hit 180, but I do not think it will happen. Regardless 185 looks good for an initial position. (or at least a day trade... to buy on the dip and sell on the intra-day rally)
Similar situation with GS. I am waiting to purchase around 165. (i day traded it the other day when it approached 164, and plan on doing it continuously if I can)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYWEwWrKwEDWwGN1Sh_flyWX-Xqi8FkI2o_lw0pbARoALklfreHZYr9oi9-mkAgzX4OtY7kt7oMG5bSoinDb5CQ_k-PfFG0oqO0fgIXZPYgedBcJsocz6C9CLfsF44MJyO5lQApBGbjFY/s400/sc-1.png)
Regardless of the day trading, everyone and their mother knows these stocks and companies are solid, and merit a higher stock price. Start to take advantage w/initial positions, if not in them already.
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