All of the tech stocks recently have had a large moves to the upside, yet Apple has yet to have one. I think Apple is lagging the other names and is likely to have the same kind of move to the upside.
I rarely trade short term, but this one seems like a good setup.
I took a trade for 6/6 $235C to express this view.
Let's see if it plays out.
I rarely trade short term, but this one seems like a good setup.
I took a trade for 6/6 $235C to express this view.
Let's see if it plays out.
Note
Flipping $212 as support should be the trigger long.Note
TBH, the chart looks like it even has potential to go back to the highs, but that range is where I'll likely take profits if we get up there.Note
A break below $200 would invalidate this idea.Trade closed manually
I'm outDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.