Hindsight - I got in at a bad price... but does it really matter? Deutsche Bank Raised to Buy from Hold
$AAPL Almost too easy. So easy, it's probably wrong.
If ya trust the chart, Friday Pin just above 480, or break the support and take a plunge.
Blue Vertical lines are weekly Options Expiration (OPEX). Red are monthly OPEX. Yellow is Quarterly OPEX. Choosing the 'sane' high value for that month and taking it to the non-weekly opex date shows a pretty clear pattern of AAPL getting quite beat up on Fridays. Based on this pattern, and an average drop of %6.22 off of the high's, I'm throwing a SWAG of...
But very green. I'm happy. Note we are battling the retrace of the May high at 462.98
Just for fun - one VRNG bull poking fun at the VRNG bears.
We're not on schedule, but we're still green.
Update to the 75 hour forecast from last week...
Hold. Just hold. But my money might do better somewhere else, like 10-yr Treasury notes.
@fibline - ok, you're not crazy. I see it... I Could argue 'reversal coming'.... but then one of us would be wrong.