Apple IncShort
AAPL looking very toppy
Earnings are next Wednesday and AAPL is looking very toppy on the Daily with a third test of this level. The spike to confirm the level on 12/29 would have been a good short term short. I am not convinced that the earnings runup has the momentum to push past the high with the price action yesterday afternoon and this morning. I took short term Puts, Jan29 130P, to trade the failure of this high.
AAPL is looking very toppy on the Daily with a third test of this level. The spike to confirm the level on 12/29 would have been a good short term short. I am not convinced that the earnings runup has the momentum to push past the high with the price action yesterday afternoon and this morning. I took short term Puts, Jan29 130P, to trade the failure of this high.
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Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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