Long

AAPL: Ready to peak at 156

Updated

Rising Stoch RSI within a raising wedge with decent volume, there is a good chance of Apple hitting 155 by next week. This is the continuation of the bull wedge started in June.

Action: 150-155 Call debit spread expiring Aug 20th.

Note

It's looking a little suspicious! Wait on this call.

Note

Broke above 150. This move is confirmed.

Note

bull trap?

Trade active

Nope. Calls are printing!

Note

Apple is struggling to stay above 150. We are waiting for the jump post "event"!

Note

This might have been it. It might go down from here. Let's see.

Note

Bingo!

Trade closed: target reached

Market Maven: Never Miss a Move.

Disclaimer: This is not a financial advice and all posts are for educational purposes only.

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