Technical traders reacted to the identified levels and have been handsomely rewarded for their actions.
Friday the 1st intermediate target of the LT Swing Short was reached to the penny and an immediate reaction has occurred. LT Swing Short sellers immediately took some profits after the $200 move and an expected short squeeze has ensued.
We have identified on the chart the AIL and ST Long entry levels that our clients were alerted to on Thursday. $57 move so far since reaching the entry level on Friday. Call options have gained more than 1500%.
The VAIS is shown on the chart with two of its' targets.
There are a number of other entries and targets that our clients were alerted to that are not on the chart since the last update as well as some not shown since Friday's price reaction. But there is more than sufficient to capture some very nice gains.
VAIS is still holding, barely. Another AIS level identified for our clients(not shown on chart)just above.
Note that VAIS has been tested about a half dozen times and is still the barrier that must be overcome before there will be any sustained intraday short covering. This is an important ST area for AAPL.
Most U.S. based investors and traders will not be participating in the market past 12:00 noon today and the lack of volume sometimes produces attractive manipulation opportunities, , aka spikes, for the HFTs and high volume option premium sellers.