Nice reversal on Apple as noted last week Link
Was Friday's reversal an oversold bounce or a generational low? ITZ believes the later... Apple was insanely oversold and trading at a cheap valuation pe & ex-cash. Below ITZ has highlighted upside resistance levels.
6 comments:
Apple television predicted to headline three core product launches in 2013
apple-television-predicted-to-headline-three-core-product-launches-in-2013
Entered 1/2 position April $650 calls @ $20.50 (stop $19.50)
back in on call $21 set stop $20
lets raise stop to $21 on call Leaps * neglected to note this is a full position...things moving fast ...follow ITZ on Twitter
Raise stop to $25 from $21 follow on Twitter
Stopped at $25 for a $4 gain offsetting $1 loss the other day overall +3
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