EvanMedeiros
Long

pullback in the cards?

BATS:AAPL   Apple Inc
365 0 1
$AAPL             overall I still like this name to the long side but I think it might need some digestion up here. I did not love the performance on Friday but with opex who knows how true the price action really was (and it really wasn't THAT bad). That said I do think we can pullback here especially if the market takes a break early next week. The bulls need to hang onto 430-435 zone if they want to keep momo in this name. I'll be stalking dips into the low 440s and 430s for possible long entry for a swing second leg up on the daily. If we decide to open higher on Monday I'll be daytrading moves above 452 to the long side.
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