I was reviewing a variety of charts and just wanted to give myself some visuals of what to watch for as AAPL earnings approach on the 27th. I am leaning towards LONG but wanted to visualize what could happen and have money ready if AAPL actually breaks through what I see as resistance.
Also if we get an earnings surprise to the upside and a Gap up, I want to be prepared to sell Covered Calls because AAPL tends to come back down and fill in those gaps.
It's late so I apologize if this seems cluttered.
Also if we get an earnings surprise to the upside and a Gap up, I want to be prepared to sell Covered Calls because AAPL tends to come back down and fill in those gaps.
It's late so I apologize if this seems cluttered.