mattlamb

1 month chart macd, rsi, aroon

BATS:AAPL   Apple Inc
197 1 0
would you bet against this chart?
Let's wait until the end of the month to decide. The last bar is only half-finished ;-)
I see some heavy red-bars to the left that represent some strong selling and therefore resistance. I think a wise trade would be to sell long term calls with strike prices "AT THE MONEY" here at $500. I think the upside is limited and the downside is limited also. Probably 10%-15% returns for a standstill return for the next 6-12 months for the shares. Just my thoughts.
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