carley621

AAPL - Trade set up

NASDAQ:AAPL   Apple Inc
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This is right on the 100MA on the weekly chart. This is strong support, so this might hold today and break down tomorrow or Friday or could be a nice place to buy off of support. One to watch but a nice $10 move with an option trade if it goes lower. Set your Alert and wait for it.

Comments

Right on the edge.... bought puts on open today. Hopefully I don't get burned by being early.

I think AAPL will tank either way, no 5G phone until 2020. They are going to lose market share this year regardless of what the market does.
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hungry_hippo hungry_hippo
Just broke 170, good chance it'll backtest the support. Let's see if you're right.
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hungry_hippo hungry_hippo
Flipped the puts at $164 this morning, AAPL follows the indices, looks like we're due for a pop. In early, out early I guess....
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