Post feedThe AAPL of My Eye...
What's the over-under on Apple breaking it's way into new highs tomorrow? I know a couple people are in trades on Apple along with me, and for the gentleman that was considering getting out on Master Talk last night, I hope you decided to stay. Anyone else have comments on this one? I went in on Tuesday with Oct 72.50's, and if it decides not to breakout there is still good profit there... but I thought if everyone thought positive, perhaps all that positive energy would translate into a breakout we could all enjoy? Keep an eye on it. This is a great stock!UPDATE: A comment was posted asking what I saw to take this trade. Attached is a chart...
Jeff,
I am with you - it looks great but it certainly appears to be at a critical resistance line that will take mucho volume to get it up and over (kinda like Pole-vaulting). How high do you put the potential move at if it gets the breakout? I see it going to as high as 80 if we all get behind it and place our positive energy into it. What say you?
Posted by
Anonymous |
9/07/2006 06:49:00 PM
Jeff,
Can you let us know what you saw in AAPL when you traded it? I see a long-term head and shoulders bottom reversal, but i'm curious what prompted you to take the trade.
Please let us know.
Thanks,
Brett
Posted by
Anonymous |
9/07/2006 07:33:00 PM
Brett,
Didn't we already have this conversation over email? In response to the question I edited the post and added a chart to reiterate the entry on the trade.
JK
Posted by
Option Addict |
9/07/2006 08:56:00 PM
Hey Jeff,
This is Glenn, the guy from Masters Talk last night. I did stay in and have a great big smile on my today. Thanks for talking me down off the ledge. LOL!
Thanks for all that you do.
Posted by
Anonymous |
9/07/2006 11:33:00 PM
Jeff,
you did say it was a breakout, but until you just showed on the chart i didn't see the pennant. Thanks for updating!
Brett
Posted by
Anonymous |
9/08/2006 04:40:00 AM
Does the break out if Apple, or any stock, in opposition to the overall maket make the move any more important? In other words, since the market went down yesterday and Apple, among others, went up, does that make Apples move look more certain?
Posted by
Anonymous |
9/08/2006 05:57:00 AM