I am waiting for a possible break out above this existing flag pennant, as I'm a long bull and have been watching AAPL as we move closer to TSLA's listing on S&P. I'm thinking that this year we'll see Apple become very competitive in communications technology and the electric car market. This is little more than a hunch largely because TSLA is very short on competitors. So, through March 2021, I favor the long options provided we break the pennant north, and go into the double top region and then bypassing that into 160. I hope everyone has a fantastic holiday weekend. Here's to a great, safe, and healthy Thanksgiving Holiday and year ahead!
www.macrumors.com/roundup/apple-car/
www.macrumors.com/roundup/apple-car/
Comment:
Looking at 136 on this. If you are on, stay the trade!
Trade closed: target reached:
Drop most of the position at the open.. Have a wonderful New Year everyone!