Today Brexit vote failed to pass. The market is hot and pushing back into the head and shoulders neckline that we broke down weeks ago. If you look closely, there is a gap that needs to be filled near 263.80-264.40 (purple box and arrow points towards it). Im long SPY JAN 23rd 264 Calls. Im planning on selling this by Friday or before it. Timeline for this trade...
180.00 next stop, average analyst price target is 190. Makes sense that they're undervalued since small scares like "iphone x lower sales expected" puts this security on sale. Investors are quick to understand that this doesn't change its book value because the business's revenue growth is no longer dependent of a single new phone. Now, apple has reported that the...
