AAPL Chart-The Reason for Options

Here are the AAPL charts and the reason for now, I preferred an option position over an equity long.

 The first three charts are all the same timeframe, 3 min, but each one will have a tighter zoom. First the leading negative divergence which was very clear to the left and then a relative positive at the arrow and a leading positive at the white box.


 This is a closer short of the leading positive (white box); yesterday toward the close it dropped very quickly which was odd, but AAPL did open lower today. This second divergence is what I've been watching today so far, I didn't feel it was interesting enough to post earlier.

Yesterday afternoon's negative move from the leading positive divergence and today's additional leading positive.

This is a longer chart now, 5 min and you can see the last positive divergence sending AAPL up, I have seen this more with AAPL than any other stock, on gaps up that are of decent size, it sees immediate distribution right off the open. Now we have a new positive 5 min divergence, being I view this as a short term move, the profit potential is limited and thus the use of options for the leverage.

There is a larger divergence on a 15 min chart that is still coming together, if that one comes together I would move to an equity long position, but I suspect AAPL will have to move lower with the market before that move is ready.