Carolyn Boroden Fibonacci Setup: AAPL

Carolyn Boroden of Fibonacciqueen.com reviews a recent trading signal on AAPL. There is a formula for making money with Boroden's Fibonacci Time and Price discussed on Options Profits and Real Money Pro. Boroden looks for three trade setups: Fibonacci Price Cluster, Symmetry or Two-Step Pattern. Boroden shows how a support decision was based on symmetrical projections based on prior declines for a possible entry. Between August 11-13, signals suggested a possible tradable low. On August 8, the stock broke through upper level support just below $94, but held lower level support at $92.97 and $93.44, which included two symmetry projections. Carolyn reviews the intraday price action to chart a trading plan in anticipation of a pullback into support.