cazmuh

Apple Stock Update | Technical Analysis on the price action $AAP

Long
NASDAQ:AAPL   Apple Inc
AAPL

Hi team,

Today when we opened lower from yesterday I saw the 50 day SMA around $114.50. I sold my put contracts as we came lower and loaded up on my call contracts. Ideally, I mentioned we could see a break of our strong support at $112.60 to get a better entry, however it did not come today. I may hold on to my calls or sell them. However with everything coming up for APPLE we could see a breakout this week.

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