AAPL has an "inside bar" candle stick patter on both the daily and the weekly. I expect it to trend with the rest of the market on this macro uptrend. Candlestick patterns are still a new concept to me but I believe an inside bar is the indication of a reversal of a current downtrend. An inside bar is a bar that forms within the trending range of the preceding bar.
That 6/3 $160 C @ .10 lookin real printy
Not trading advice
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AAPL lagging a bit behind the tech sector expecting a push tomorrow into early next week.
Just realizing I didn't post my levels. PTs 152.5, 155, SL 146.3
Also 6/3 $160 C idea didn't work out. Reason I risked 1% of my account was a low risk high reward play.
Thanks for sharing. I can see that you play your options close…very little extrinsic value. Wishing you success on your trade!
markbully
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@chiefwils0n, yep risking less than 1% off my trading accounts value for my high risk, high reward trade ideas. Thanks for the luck lol I'll need it in this market.