AAPL has some technical support around the Key Earnings Level on chart, obtained using Tim West's indicator pack.
I have sold puts, looking to profit by expiration, or worst case scenario, get assigned some stock.
I anticipate a base forming around here, and then a resumption of the uptrend, so I wouldn't mind owning some stock, considering AAPL's yield at this level.
If buying stock, consider selling calls, or using a 3 ATR stop loss for position size.
Good luck if taking a long trade here, whatever your preferred bullish strategy may be.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
I have sold puts, looking to profit by expiration, or worst case scenario, get assigned some stock.
I anticipate a base forming around here, and then a resumption of the uptrend, so I wouldn't mind owning some stock, considering AAPL's yield at this level.
If buying stock, consider selling calls, or using a 3 ATR stop loss for position size.
Good luck if taking a long trade here, whatever your preferred bullish strategy may be.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Comment:
www.bloomberg.com/ne...me-dow-s-biggest-dog
Comment:
Comment:
Carl Icahn has sold his AAPL...this could be a very long term low for the stock, let's see how it goes.
Comment:
Despite the Icahn contrarian signal price sank due to the sheer amount of shorts coming into the stock. They've been all squeezed it seems a we see AAPL rally above earnings resistance. I sold puts at 90 and 95, expiration by January 2017 some time ago. Looks promising.
