Hmm, looks like the bounce failed ...
Only Apple
- Thread starter short4bread
- Start date
It hasn't Bounced yet, but it stayed above 555.00 and the Volume was at a non-panicky low average.
A Soft Landing perhaps?
Or maybe it's been forming a Launch Pad for a Blast Off in the near future?
Anyway, I need AAPL to make 620 by July 20th for my Spread, so I hope it doesn't Dilly-Dally around too much longer!
SPX made a lower low, and the last candle looks bearish ... but maybe it surprises me to the upside coming week. Ye'never know
Quote from cactiman:
It hasn't Bounced yet, but it stayed above 555.00 and the Volume was at a non-panicky low average.
A Soft Landing perhaps?
Or maybe it's been forming a Launch Pad for a Blast Off in the near future?
Anyway, I need AAPL to make 620 by July 20th for my Spread, so I hope it doesn't Dilly-Dally around too much longer!
So much for free money.
Quote from rockefehler:
SPX made a lower low, and the last candle looks bearish ... but maybe it surprises me to the upside coming week. Ye'never know
This chart still looks OK to me, with 1340-1350 holding as Support.
The worst prediction I've heard is 1300, but that's just more guesswork of course.
Still, this Dip is nothing so far compared to what happened last Summer!
:eek:
1250 seems like a nice target.
Apple and the market seem to have different ideas about bottoms judging by todayâs selling?Quote from cactiman:
Went further Long in AAPL today, via Selling January 555/550 Bull Put Spreads.
Support Easily Holding in Low Volume on a Terrible Red Day like this?
Is the Bottom in for AAPL? I think so.
We'll find out soon enough.
