Apple's keynote is tomorrow. Does the stock rise into it? We built the calendar first, 95 keynotes since 1984, then ran the stock through each one.
The day of the show is the day to be careful: the stock closed lower at 2 of every 3 keynotes. WWDC is the clean version: it rises the week before and drops on the day, 22 of 27 times. Buy the rumor, sell the keynote.
September iPhone events are the exception. The stock usually sinks INTO them, 10 of the last 14 times, the day itself is a coin flip...
$ZEC is giving back some of the move & honestly, I’m more interested in what happens around $1,000 than $1,150.
The move from the $800s to above $1,200 was too fast. A deeper pullback wouldn’t surprise me at all.
What I don’t want to see is ZEC slowly losing the levels that made this breakout possible in the first place.
If $1,000 holds, I can still treat this as a correction inside the bigger move.
If $1,000 breaks and price starts accepting below it, then the whole setup needs to be looke...