2waytrading

517 is a key for bulls/Bears to take position

NASDAQ:AAPL   Apple Inc
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Not surprised to see weakness after media focused on talking this company every single second because it is the best company on earth. I closed my long position after it failed to take out 555 over head resistance last week and now prepared to take another long position if price pushes lower to that solid support line. From $545 the sell signal remains intact so far, but it will be interested what happens at 522 and 517 if these two crucial supports are violated, then I wont surprise to see a break below $500 but that won't happen before earning. Let us get ready and milk a few in and out trades next week. Join us where serious option traders come and trade http://www.woowtrading.net

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