Short

$AAPL retrace

Updated

in a miniscule wave c that I'd expect to retrace to 100% or 161.8% of miniscule wave a. Favoring a 161.8% retrace, as that would coincide with a backtest of the triangle it recently broke out of. Entered some long 12/18 $123 puts.

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Here's a better look at that triangle I expect to backtest in wave c on the daily chart

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Still trending down. Slight recount to show where the target fits into the impulse up.

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I like the intermediate wave count. I'm confident we're in an impulse wave 3 up. But I'm still leary of that minor wave 2 correction...

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Almost there . . . #buythebox

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Possible a shallow wave 2 was in at 120.85.

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Confident that mini wave 2 is behind us. Purchased some christmas eve calls Friday. Will ride them into late this week/early next week.

mak337

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