Vince
Long

On Breakout

BATS:AAPL   Apple Inc
290 6 0
Apple             could move much higher options pricy but may pay

Related Ideas

All is speculation now - due to the wedge, however with Ichan buying 500 M more today and news getting out later if tomorrow rebounds think it will break higher….but until break we will see :)
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yes it's all speculation, I agree.

If I was Mr. Ichan and decided to put $xx in AAPL, I'd buy $x worth of it, wait for news to get out knowing the impact, buy puts into rising price action, wait for what I suspect may be happening (retrace) and purchase the second half of my initially intended amount then (subsidized by my profits from the put options). Let's face it, this is a zero sum game, no nice guys here, If I loose, you win and so I'd rather win so that you can loose.

Let's see how this rolls.
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IF the previous high at around 560 holds, I want to say aapl will retest 517'ish before it starts going bullish again
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AAPL has a great cup on weekly with the handle which is now moving up, not seeing what you see?
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I just drew up a chart and also a description. Please let me know what you think of my analysis, I focus primarily on Microcaps so I am completely out my element here.
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Check out AAPL on a weekly chart. It doesn't look so hot to me
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