4 replies to this topic

[Bob-C]

Hi everyone, here is the AAPL daily chart:

http://stockcharts.c...67423040185.png

Here is the AAPL daily TL chart:

http://finviz.com/ch...a=1&p=d&s=l.png

Cheers,

Bob-C

[MarketAlly]

Hi everyone, here is the AAPL daily chart:

Too much risk either way here for me - 448 is my reversal but I have as much as 468 so I prefer to catch this one on the upswings given I think she has turned. I'll be buying Calls into 416 and 402 If AAPL is to fall here, the overall markets (/ES) needs to swing into 1573 (416) and 1564 (402) respectively. If they align with those levels or 1 of those numbers, even better!

Hope your trade goes well for you.

[Bob-C]

Hi everyone, here is the AAPL daily chart:

Too much risk either way here for me - 448 is my reversal but I have as much as 468 so I prefer to catch this one on the upswings given I think she has turned. I'll be buying Calls into 416 and 402 If AAPL is to fall here, the overall markets (/ES) needs to swing into 1573 (416) and 1564 (402) respectively. If they align with those levels or 1 of those numbers, even better!

Hope your trade goes well for you.

Hi MarketAlly, thanks for your all of your comments, analysis, and insights. I currently have AAPL calls and no puts. AAPL is headed higher in the VST. Here is the AAPL weekly chart:

http://stockcharts.c...67510701160.png

Best,

Bob

[MarketAlly]

I currently have AAPL calls and no puts. AAPL is headed higher in the VST. Here is the AAPL weekly chart:

I must have misunderstood by your thread title... be careful here being long - I am expecting wicking into 448 which is what she is doing. We are on a serious channel edge, some pullback is expected given it is having a hard time holding the pitchfork posted yesterday. I have a zoom in on the chart, note I am long actual stocks so decay won't beat me up but options may produce revenue by selling them than buying them here.

If I was to scale in, the white boxes would be my staged entries.

Trade Well

[Bob-C]

I currently have AAPL calls and no puts. AAPL is headed higher in the VST. Here is the AAPL weekly chart:

I must have misunderstood by your thread title... be careful here being long - I am expecting wicking into 448 which is what she is doing. We are on a serious channel edge, some pullback is expected given it is having a hard time holding the pitchfork posted yesterday. I have a zoom in on the chart, note I am long actual stocks so decay won't beat me up but options may produce revenue by selling them than buying them here.

If I was to scale in, the white boxes would be my staged entries.

Trade Well

Hi MarketAlly, thanks very much for your thoughtfulness and for your excellent AAPL scal-in chart and AAPL strategy.

Best of trades to you too.

Bob