The fibonacci retracement, I believe tells us that Apple will pull back to 437 or so. If / when I see aapl get to 440, I'll be ready to buy 475 calls for much cheaper than they are now. Then I'd hope to sell as I do believe that aapl will touch 500 a share before we have a big pullback in the market.
If I'm right about this prediction, I'll roll my profits into buying calls on the VIX and puts on the Q's.
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The fibonacci retracement, I believe tells us that Apple will pull back to 437 or so. If / when I see aapl get to 440, I'll be ready to buy 475 calls for much cheaper than they are now. Then I'd hope to sell as I do believe that aapl will touch 500 a share before we have a big pullback in the market.
If I'm right about this prediction, I'll roll my profits into buying calls on the VIX and puts on the Q's.
AAPL closed at 463.58 a few months ago. That was its recent high. Then a few days ago, it closed at 463.84, a higher high. This is perhaps bullish. I'm not buying here at 453, I'm going to get in at ~440 or a little less. I'll put in my stops as always, and we'll see that happens.
AAPL closed at 463.58 a few months ago. That was its recent high. Then a few days ago, it closed at 463.84, a higher high. This is perhaps bullish. I'm not buying here at 453, I'm going to get in at ~440 or a little less. I'll put in my stops as always, and we'll see that happens.
To me it look like a Higher Low going down. Did you instead a 50 moving average. The trend has not broken yet to go back up. But again to me it look like a down trend right now until it's broken.
What I was told is when you see the gopher pop his head up then the trend is broken.
To me it look like a Higher Low going down. Did you instead a 50 moving average. The trend has not broken yet to go back up. But again to me it look like a down trend right now until it's broken.
What I was told is when you see the gopher pop his head up then the trend is broken.
I decided to buy some $455 puts today when the stock hit $457. If we're both right about AAPL coming down, at least in the short term, I'll be happy with that trade. If I'm right about it coming down to 440, I'll be out of the trade before it gets to $443. TTYL
I decided to buy some $455 puts today when the stock hit $457. If we're both right about AAPL coming down, at least in the short term, I'll be happy with that trade. If I'm right about it coming down to 440, I'll be out of the trade before it gets to $443. TTYL
AAPL price is a bit tooooo high for me to play around with. If you look at the price around Feb 11th it was at $479, Mar 25th $463 & May 8th it's at $463 again to me the trend is still going down. around April 24th there was a little push up at $405. If you short some at $455,and your stop is at $440, if it goes down, just move it down 439, 38,37,36...etc each day or when ever. Who knows you it may go down to $405. Also remember to protect yourself to if it goes up.
AAPL price is a bit tooooo high for me to play around with. If you look at the price around Feb 11th it was at $479, Mar 25th $463 & May 8th it's at $463 again to me the trend is still going down. around April 24th there was a little push up at $405. If you short some at $455,and your stop is at $440, if it goes down, just move it down 439, 38,37,36...etc each day or when ever. Who knows you it may go down to $405. Also remember to protect yourself to if it goes up.
AAPL price is a bit tooooo high for me to play around with. If you look at the price around Feb 11th it was at $479, Mar 25th $463 & May 8th it's at $463 again to me the trend is still going down. around April 24th there was a little push up at $405. If you short some at $455,and your stop is at $440, if it goes down, just move it down 439, 38,37,36...etc each day or when ever. Who knows you it may go down to $405. Also remember to protect yourself to if it goes up.
I'm letting the profits on my puts RUN
I'm content being wrong about a 437 bottom right now!
Quote Originally Posted by PASA818:
AAPL price is a bit tooooo high for me to play around with. If you look at the price around Feb 11th it was at $479, Mar 25th $463 & May 8th it's at $463 again to me the trend is still going down. around April 24th there was a little push up at $405. If you short some at $455,and your stop is at $440, if it goes down, just move it down 439, 38,37,36...etc each day or when ever. Who knows you it may go down to $405. Also remember to protect yourself to if it goes up.
I'm letting the profits on my puts RUN
I'm content being wrong about a 437 bottom right now!
Looking good @ around $432's as of right now that I'm looking at it.. Lets just hope my guess that it will go down to around $405's. What is your stop right now just in case it goes up.
The trend still look like it's going down, hasn't broken the down trend yet. If you see something different, let me know. I need to understand this to become a better trader.
Oh yea, take a look at SNE. The trend has broken going down, so all it can do now is go up. It may be moving slow upward. But I think it reach $40 - $50. Take a look at it and let me know what you think.
Looking good @ around $432's as of right now that I'm looking at it.. Lets just hope my guess that it will go down to around $405's. What is your stop right now just in case it goes up.
The trend still look like it's going down, hasn't broken the down trend yet. If you see something different, let me know. I need to understand this to become a better trader.
Oh yea, take a look at SNE. The trend has broken going down, so all it can do now is go up. It may be moving slow upward. But I think it reach $40 - $50. Take a look at it and let me know what you think.
SNE may be on it's way up. It certainly got a lot of support at 16 and change. I'll look at the technicals later and give you my best prediction on an entry point. Thanks for the heads up!
SNE may be on it's way up. It certainly got a lot of support at 16 and change. I'll look at the technicals later and give you my best prediction on an entry point. Thanks for the heads up!
I think the entry point is around now $16 - $20 in the demand zone. Looking back to March 2009, there was a push right there that show me a sign of it moving up. Around Jan 2013 this year show a weak push. But the trend history repeats itself. My money is all tie up right now in other stocks
I some what believe SNE will be the Apple with it's PS4 and from what hear they're smart phone...etc. If you hear any other news, let me know.
I think the entry point is around now $16 - $20 in the demand zone. Looking back to March 2009, there was a push right there that show me a sign of it moving up. Around Jan 2013 this year show a weak push. But the trend history repeats itself. My money is all tie up right now in other stocks
I some what believe SNE will be the Apple with it's PS4 and from what hear they're smart phone...etc. If you hear any other news, let me know.
I buy options; time is an enemy for owning them. I basically attempt to picture what a particular equity's going to do in the few days ahead. As far as a stop is concerned on aapl, I always put a stop on the option once I'm on a position, but this can be quite risky overnight as the market price may be below the stop order. I learned this the hard way when I had 395 calls on aapl when it opened at 392 the next day only to see it sky rocket over the next VERY few days to well over 420 per shared. Those options would have been worth over 10,000 each. Live and learn.
I'm basically getting ready to pull the trigger on my aapl puts. I think 417 could be a decent entry for bulls on apple...
as far as SNE's concerned, from technical stand point, I'd say wait for 19.25 or so, but I'm still learning myself.
I'm quite ignorant of Sony right now, why are the fundamentals seemingly changing?
I buy options; time is an enemy for owning them. I basically attempt to picture what a particular equity's going to do in the few days ahead. As far as a stop is concerned on aapl, I always put a stop on the option once I'm on a position, but this can be quite risky overnight as the market price may be below the stop order. I learned this the hard way when I had 395 calls on aapl when it opened at 392 the next day only to see it sky rocket over the next VERY few days to well over 420 per shared. Those options would have been worth over 10,000 each. Live and learn.
I'm basically getting ready to pull the trigger on my aapl puts. I think 417 could be a decent entry for bulls on apple...
as far as SNE's concerned, from technical stand point, I'd say wait for 19.25 or so, but I'm still learning myself.
I'm quite ignorant of Sony right now, why are the fundamentals seemingly changing?
GLD I can't tell whats it's doing right now. It hit at 180 and came down, there was a gap at April 12th, I think that's a novice that drove the price down. Just be careful cause that trend might be down. Just look at different time on the chart, 5min, 15min & 30min.
The Option stuff I'm not too sure. I took a Trading Class a few weeks ago, so I see the trend up and down. But need to research a lot.
GLD I can't tell whats it's doing right now. It hit at 180 and came down, there was a gap at April 12th, I think that's a novice that drove the price down. Just be careful cause that trend might be down. Just look at different time on the chart, 5min, 15min & 30min.
The Option stuff I'm not too sure. I took a Trading Class a few weeks ago, so I see the trend up and down. But need to research a lot.
Wow, I look at AAPL this morning which was at $432's , now its at $426's.
I know....a huge move downward in AAPL today.....I got out of my trade. It may open lower tomorrow, but I took profits. I'm going to look for $419, and perhaps buy some $420 calls. We'll see.
Quote Originally Posted by PASA818:
Wow, I look at AAPL this morning which was at $432's , now its at $426's.
I know....a huge move downward in AAPL today.....I got out of my trade. It may open lower tomorrow, but I took profits. I'm going to look for $419, and perhaps buy some $420 calls. We'll see.
I believe goog will get to 895 at some point soon because there's an untested gap in the chart. I'm new and always learning market changes, but it seems that whenever an equity opens much higher or lower in a recent day, those gaps seem to get tested at some point in its near future.
I believe goog will get to 895 at some point soon because there's an untested gap in the chart. I'm new and always learning market changes, but it seems that whenever an equity opens much higher or lower in a recent day, those gaps seem to get tested at some point in its near future.
It's not too much if you do an option; I'm still quite a small player. I bought a $900 Put option on goog for June 22. It was 20.60, meaning $2,060. I put a stop at $1500. If this option gets to 30.00, I'll put my stop in at $28.
It's not too much if you do an option; I'm still quite a small player. I bought a $900 Put option on goog for June 22. It was 20.60, meaning $2,060. I put a stop at $1500. If this option gets to 30.00, I'll put my stop in at $28.
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