Friday, November 9, 2018

AAPL Head & Shoulders short


11/9/18: Head and Shoulders neckline break followed by a retest of the neckline. Couldn't close over the 8ema and gapped down. Thick white vertical line is the Head and Shoulders expected measured move. Thin white horizontal line is half the measured move, which is sometimes the extent of the move. But the 200dma is just under that, so make the 200dma the target, around 194.

Got AAPL Dec 195 Puts at $3.20.

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