June 2022 - Apple is the Market

Updated
Trade after the plan has been confirmed. Two scenarios in the short term.
Note
Apple decided to move up so bought the 7/22 133 Calls two days ago.
It bounced off the first resistance line near 142.5 but closed above yesterday.
Note
closed out my position at EOD today to take profit on quick move up.
Note
Market showing weakness today, I will let it ride down before re-entering my position. If it shows strength (breaks yesterday's highs and closes), that's another re-entry spot.
Another re-entry attempt at open/close above supports (143 or 139.5).
Note
Apple showing more weakness. I will let it hit the nearest support or the bottom channel line and decide for reentry there.
Trend Analysis

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