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Realamh
Aug 13, 2021 12:42 PM

AAPL: Ready to peak at 156 Long

Apple Inc.NASDAQ

Description

Rising Stoch RSI within a raising wedge with decent volume, there is a good chance of Apple hitting 155 by next week. This is the continuation of the bull wedge started in June.

Action: 150-155 Call debit spread expiring Aug 20th.

Comment

It's looking a little suspicious! Wait on this call.

Comment

Broke above 150. This move is confirmed.

Comment

bull trap?

Trade active

Nope. Calls are printing!

Comment

Apple is struggling to stay above 150. We are waiting for the jump post "event"!

Comment

This might have been it. It might go down from here. Let's see.

Comment

Bingo!

Trade closed: target reached

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