1Percent
Long

Has Apple Bottomed Again?

BATS:AAPL   Apple Inc
510 4 1
Too much surprise, Apple             set a low today just below $389 before rebounding as much as $11 higher. Considering that this rebound occurred while the general markets were selling off, it is only right to credit the upside movement to a technical movement. The candle that was left today is a complicate replica of the candle set back on April             22. If the pattern repeats, Apple             can see $410 by end of the following week.
This is how last Friday's position currently looks like:
http://i.imgur.com/Wxf7ali.png
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Yes, Apple has bottomed, I have Leaps call on it
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Agree, looking for long!
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I am holding a long $400/$405 CALL spread; next Friday expiration.
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