AAPL's Performance Track Record When it Hits a Value of 30-RSI Event = BUY WHEN IN BULL MARKETS



So far Apple has now bounced just about $3.50 off of its lows set in yesterday’s sessions. Apple was fairly oversold on the hourly chart for a relatively prolonged period of time and did reach a 30-RSI on the daily. Apple also filled the gap yesterday. Now one thing worth pointing out is that whenever Apple hits a 30-RSI on the daily chart (as seen above) during a bull market, it is far more likely to bottom within 1-day of hitting a 30-RSI than in other periods. I know that the statistics demonstrate that Apple will bottom out within 1-session of hitting a 30-RSI on 50% of the occasions. In the 20 instances that Apple hit a 30-RSI, it bottomed on the very day it hit 30-RSI in 10 out of those 20 occasions. However, what one will find is that all 10 of those instances happened during bull markets where Apple was in an uptrend. For example, the last time Apple hit a 30-RSI was in June when the stock fell to $142 a share. Apple bottomed out that very day. The table below is updated. It shows the last 20 times Apple hit oversold territory going back to March 2006:


Between 2005 and January 1, 2008, Apple was on a pretty explosive bull market rally. During that Apple bull market, the stock became oversold twice. Once in March 2006 and again in July 2006. In both instances, Apple bottomed out within 1-day of reaching a 30-RSI.

After Apple bottomed in March 2009 at the lows of the financial crisis, the stock entered into a new bull run that lasted from March 2009 until September 2012 when it underwent a 45% crash. During that three year bull period, Apple became oversold three times. You can see it in the chart above in the light blue shading. Once in August 2010, once July 2011 and again in May 2012 after the parabolic rally. In each instance, Apple bottomed within 1-day of hitting a 30-RSI. That means in 5 out of 5 cases Apple bottomed the day it hit a 30-RSI in both the 2005-2008 bull market and in the 2009-2012 bull market. After Apple bottomed out in June 2013, it went on a 2-year bull market run from July 2013 until July 2015. Remember, Apple bottomed out at around $388 a share in late June or early July 2013. It then skyrocketed into a 2-year bull market run where the stock peaked at $133 a share in July 2015. During that 2-year bull market run, Apple hit a 30-RSi twice. In both instances, Apple bottomed out within 1-day of hitting a 30-RSI.

Apple then entered this current bull market on June 27, 2016 when it bottomed the day it hit a 30-RSi at $91.01 a share on Brexit nonsense. Since this bull market started, Apple has hit a 30-RSI on three previous occasions. This is the fourth occasions. In the prior three, Apple bottomed within 1-day of hitting a 30-RSI in 2 our of the 3 occasions.

So as you can see, in 9 out of the 10 total cases where Apple bottomed within 1-day of hitting a 30-RSI, they all came during bull markets. What this indicates is that while generally speaking, it is true that Apple bottoms within 1-day of hitting a 30-RSI in 50% of the cases, in bull markets that statistic is closer to 90% of the time. In fact, there is only one case where Apple has spent more than a single day under a 30-RSI during a bull market and that was this past November where Apple spent 7-days trading lower after hitting a 30-RSI on November 4, 2016. Apple lost an additional 3.7% before bottoming out and then rallying 15.78% over the next 43-sessions. The total rally from a 30-RSI was 11.49%.

This is important because if Apple is still technically in a bull market, chances are it bottomed out yesterday. It’s a different slant to this 30-RSI analysis. We cannot afford to just simply ignore this fact. But what this also tells us is that when Apple is in a bear market situation, it takes longer than just 1-day to bottom out. Yet, at the same time, there are only 6 total cases out of 20 cases where Apple spent more than 7-days in a continued downtrend after reaching a 30-RSI. And there are only 3 cases where Apple spent more than 2-weeks doing so. In most cases, when Apple hits a 30-RSI, you can expect a rally within 1-2 weeks.


Some of the greatest pearls shared by Jesse Livermore:

“Money is made by sitting, not trading.”

“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”

“Buy right, sit tight.”

“Nobody can catch all the fluctuations.”

“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

“It takes time to make money.”

“Don’t give me timing, give me time.”

  • stocktwits social icon
  • Twitter - Black Circle
  • Facebook - Black Circle
  • YouTube - Black Circle

513 Garden St - Studio C  |  Santa Barbara CA 93101       info@bottrigger.com  |   805-825-7777

© 2016-2019 by BotTrigger Inc.

These results are based on performance results that have certain inherent limitations. Each trade is executed in BotTrigger's S-Corp trading account in the BotTrigger portfolio managed exclusively by Mike Saad, founder & CEO of BotTrigger of Lovical Inc & MomentumStockAlerts.com Inc (umbrella corp). The performance results shown in BotTrigger's portfolio may vary at certain times of the day due to our API feeds that pull the current price of open or closed positions from Yahoo Finance.  Although BotTrigger has consistently outperformed the S&P 500 benchmark by more than 50% per annum since inception, August of 2016, no representation is being made & or promised that any account will or is likely to achieve profits or losses similar to these being shown. BotTrigger so far this 2018, is on pace to achieve it's largest annual YTD return now in it's 3rd year since inception. This performance assumption is not promised but is being communicated that so far we have achieved the highest rate of return on a YTD & YOY (year over year basis). If a majority of our trade setups fail to materialize based on our analysis or trade thesis, it is absolutely possible to close below our running 50% average if not negative. BotTrigger may & often times does  implore hedging strategies and/or stop-loss precautions in the event that the BotTrigger portfolio sustains heavy losses that might cause the cumulative net value of BotTrigger's portfolio value to near below our 50% threshhold of YTD gains. Our goal at minimum is to be up YTD by up to at least 50% or greater. In the event the net weighting of our trade allocations drops the entire portfolio value below this threshold, then triggered sell signals are generated to reduce to a sizeable position of cash.

Past performance is no guarantee of future results and may not reflect potential deductions for fees which may reduce actual realized returns. Any historical returns may not reflect actual future performance and any investor on BotTrigger may experience different results from those shown. All our trade alerts are real-time but in some cases may be delayed due to technical delays with our SMS/MMS delivery provider or the speed in which a Member's mobile carrier accepts the depository of our delivered communications and then how soon a Member's carrier may deliver that trade alert/ message to our Members. Delivery times are nearly instant from the time we click "SEND" and often delivered to Member's mobile phones within 10 to 30 seconds; but on very rare occasion that delivery might get bounced or delayed; again this is rare but it has been known to happen. There will be times that BotTrigger's communicated entry is below or above the pricing our Members may receive communication due to market delays or delays with our SMS/MMS Mobile Text delivery provider, EzTexting 

Disclaimer: Neither the SEC nor any state securities commission or regulatory authority approved, passed upon or endorsed the merits of any investment on the BotTrigger platform.

BotTrigger’s services do not constitute “crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”). BotTrigger does not accept any trading capital from Members or any respective parties with regards to BotTrigger's S-Corp under Lovical Inc & MomentumStockAlerts.com

Privacy Statement