LOOKING TO ENTER TOMORROW ON $162 BREAK OR STRONG OPENING ACTION/ VOLUME ON 10MIN CHART. SEPT CALLS WITH 10% STOP LOSS
Will look to see how AAPL opens tomorrow and will look for a break above $162 to re-enter.
Expecting AAPL to slip back into the previous channel and resume uptrend. Resistance level has been holding and forming a base. Target $160+
Looking for XLK RSI to move back into the bullish trend zone and the high fib level to breach - then maybe AAPL will start to move!!
Possible $20 more upside before major correction to uptrend.
Still in a bullish chopzone however I think we will see a big breakout past $172
For me, BA is Bullish long term. Break above $242 will confirm bullish sentiment and more upside. Break below $234 for possible put option and consolidation short term.