Appears that Apple has a cup and handle forming and the handle is about to finish if it can close above $138. Watching close. Have a small position and will load up if it completes.
Nota
Cup and handle completed! I loaded up with a ton of options. Let's see if I'm rightNota
Previous cup and handle potential was ACAD, but the handle failed to complete. The other 2 calls that completed were BOOT, and TTD. Look at my earlier calls on here. Btw, target for AAPL looks to be about $170Nota
Who's in AAPLNota
Since AAPL seems to be taking time to pop, I'm selling credit spreads to compensate for the decayDagangan aktif
Our target price on AAPL is $170Nota
This has been a nasty one here. The cup and handle is still valid but nearing the breaking point if it drops too farDagangan ditutup: hentian tercapai
Price closed below the cup handle so we are closing this trade as a failed cup and handle. Cup and handles (one of the most bullish patterns there are) don't fail too often after completing but sometimes they do fall apart as this one did. I'm bailing on my 80% pf my positions in Apple. I will hold some because I'm still bullish on the stock overall and I think we could still recover but the price target we had is no longer valid. I think we could still see $150 in the near/mid-term.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.