ct586283

ct586283

I will be watching some other AAPL followers to see if anyone else has an opinion after 3:30pm EST. I plan to add more AAPL to my position for the coming week if prices hold above the 498.10 mark.

ct586283

I was mildly irritated this morning because I thought once again I had been pushed out of AAPL last week only to be drawn back in this afternoon...and then suddenly AAPL dropped below the middle channel again. There is something magical about the timing of AAPL and the 3 hour chart. I was a short term SHORT until Tim West gave good reasoning for a sideways...

ct586283

Short, for the next few days. I own apple but sell weekly covered calls on what appear to be downturns. This appears to be a slight downturn. Sorry for the busy chart but it makes sense to me.

ct586283

If only I would have followed my own long term signals I would have been out of AAPL at around $620 and back in NOW. So I am buying some Deep in the money AAPL LEAPS and seeing what the next year has in store for AAPL.

ct586283

Just updating the chart to show a down trend confirmation.

ct586283

Same old chart but at 12:30 EST today if Apple's bar is below the middle Donchian Channel line then I go "short" mode and sell my calls or sell covered calls. This is more for weekly traders not the daily traders.

ct586283

I publish this same chart whenever I get a trigger. I sold off this morning since I notice the second bar below the channel late Friday. I guess I am more comfortable on the sidelines even if it means missing a rise if earnings are better than expected from AAPL. Good luck all.

ct586283

I've published this before but I like to repeat myself. I like these chart settings to signal weekly trends. I use this more for me to buy the stock rather than buying options because the price may move sideways a bit. So this really doesn't help the day traders its more of a mid term "LONG" signal to me. Good luck.

ct586283

I currently only Sell weekly Appl covered calls or cash covered puts. (I do buy some options when they look too good to pass up like shorting a TSLA at $102.) This is just my guide to keep "sane" short term with AAPL. The 3 hour chart works the best for me. Due to my work schedule. My biggest problem is being on sideline during a big move up. 1. Watch for MACD...