2 Comments

1. 

   Michael Hassan on February 6, 2018 at 10:26 am

   I think there will be lot of good news out of AAPL due to tax dollar repatriation and lower tax rates. So in this environment, I say AAPL will hold the $160 level and to your point, at least a few months longer.
   mykie
   long apple and just entered a spread with $160 being my owned call.

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   • 

     Micah Lamar on February 6, 2018 at 11:20 am

     Hey Michael, thanks for your comment.

     So far it looks like this downtrend is continuing and AAPL is still in a Bearish PayDay Cycle so any short term long trade is still very risky. I’m going to wait until a confirmed bottom is in place.

     Reply