AAPL is in a strong trend and forming a bullish flag.
I entered 12/1/23 on the minor low breakout at 190.55. I should have bought less time on the option, because it prices quickly moved to my 161.8% target. I'm allowing it some room to run and will set another profit target. Currently, my trade is at breakeven stop loss, based on hitting the first Profit Target.
Title Minor Low Buy
Trade Theme Daily
Sector/Stock AAPL
Trend G/G
Propulsion Yes
Vscore Yes
Vprofile Yes
RAF Extreme
Darvas No
Darvas 3.0 Yes
Entry 190.55
Profit/Breakeven 191.65
Stop Loss 25%%
Option Option Play
19Jan24 190 Call
I entered 12/1/23 on the minor low breakout at 190.55. I should have bought less time on the option, because it prices quickly moved to my 161.8% target. I'm allowing it some room to run and will set another profit target. Currently, my trade is at breakeven stop loss, based on hitting the first Profit Target.
Title Minor Low Buy
Trade Theme Daily
Sector/Stock AAPL
Trend G/G
Propulsion Yes
Vscore Yes
Vprofile Yes
RAF Extreme
Darvas No
Darvas 3.0 Yes
Entry 190.55
Profit/Breakeven 191.65
Stop Loss 25%%
Option Option Play
19Jan24 190 Call