I think we gap down tomorrow to the 100 or 200MA on the daily chart. Unless something kray kray comes out on the earnings call. Lots of white candles in a row so people either are going to get trapped a little with a small pull back or we get a huge high wave candle and you can fade trade that. If we gap under the 100MA on the daily chart then it will be a fire sale
Here is your lotto ticket play if you think AAPL still has more to go. You can buy the March 105 puts for like .40 and if the earning call is worst then they said last week this baby could bounce off the 200MA on the monthly chart. I bought my lotto tickets and I have a better chance of wining this then powerball.
I had a few people ask me about this stock today.. I would not touch this stock unless it breaks these 3 candles. The 2 perfect lows of the wicks and the open of that hammer candle. If it breaks this then I like the trade to the 100MA on the weekly. It should be fast IMO.
Here is my plan on this trade.. We had a red candle gaping down and then a retest of that red candle. If we gap down into the green box on Wen or trade into that box that would send this stock straight to the 200MA on the monthly chart.
Here is another one to setup on your watch list. Set the alert to break this support and then ride it down to the 200MA on the monthly chart. Set it and let it play out.
If it works it works. If it never triggers oh well.