Whoever invented the phrase "the apple doesn't fall far from the tree" should probably sell their AAPL stock immediately.
If you have been following AAPL lately, you will know what I'm talking about when I say that the chart has gotten (Larry David voice) pretty, pretty... horrendous.
Two daily down gaps have pretty much disassociated the stock's current price action from its last 10 years. It would make more sense coming off of a split, but it doesn't. And that is what strikes me as something to potentially exploit.
In order to exploit it properly, I was required to project out a detailed map that served as an excellent guide for a short play, as well as, visual proof that the phrase above is unequivocally, mathematically, incorrect.
Soccer moms - no more using this phrase passive-aggressively to describe one of your kids' friends' dads who occassionally brings a joint to the games. It's enough already. Plus, it is incorrect.
Non-soccer moms + All Other People - feel free to use the projected path as you please.
-ApplePigging
AAPL
SPX
NDQ
If you have been following AAPL lately, you will know what I'm talking about when I say that the chart has gotten (Larry David voice) pretty, pretty... horrendous.
Two daily down gaps have pretty much disassociated the stock's current price action from its last 10 years. It would make more sense coming off of a split, but it doesn't. And that is what strikes me as something to potentially exploit.
In order to exploit it properly, I was required to project out a detailed map that served as an excellent guide for a short play, as well as, visual proof that the phrase above is unequivocally, mathematically, incorrect.
Soccer moms - no more using this phrase passive-aggressively to describe one of your kids' friends' dads who occassionally brings a joint to the games. It's enough already. Plus, it is incorrect.
Non-soccer moms + All Other People - feel free to use the projected path as you please.
-ApplePigging
AAPL
SPX
NDQ
Trade active:
Shoutout to @ProfitHarvest, who has provided this joke-embedded idea with a pignature that befits it.
-SwinesaacNewton
-SwinesaacNewton
Trade active:
Closed right on the trend line, so could see it potentially taking an obnoxious bounce early next week.
My counts across DJI, SPX, and NDX suggest either that the 5th ED is complete as of today, or its just entered the third of five in the same ED pattern.
The implication is the same, just that the second path will delay a big move for another session or two.
My counts across DJI, SPX, and NDX suggest either that the 5th ED is complete as of today, or its just entered the third of five in the same ED pattern.
The implication is the same, just that the second path will delay a big move for another session or two.
Trade active:
Looks good so far - looking for 108-112 landing tomorrow. Will take some off into the weekend if this target hits.
Probably 50%.
Probably 50%.
Trade active:
Went short today.. way OTM to like 120ish on puts for this and next week. The puts were 3 cents a piece, so yeah, I'm having fun with this one.
If I were to make AAPL a core short position, I would take the 126s for next week (05/24), rather than a lotto hail mary.
The one item that could send this stock much lower than the rest of the market (even though this is basically the market itself) is this court case, IMO. Any negative updates will lead to massive selling and potentially a 20 bagger, in my case at least.
If I were to make AAPL a core short position, I would take the 126s for next week (05/24), rather than a lotto hail mary.
The one item that could send this stock much lower than the rest of the market (even though this is basically the market itself) is this court case, IMO. Any negative updates will lead to massive selling and potentially a 20 bagger, in my case at least.
Comment:
sorry, ideal put position is 126 strike and (5/14) expiration.
