Tuesday, March 26, 2013

AAPL-May Even Be Worth an Equity Long

I like the option (call) trade, but there may be a longer term AAPL trade that is best traded without leverage or selectively in and out with leverage, but that becomes dangerous in a market environment like this.

 AAPL 1 min

 2 min

 3 min and we have migration through all intraday timeframes.

 5 min-now we have heavier money flows.

Ultimately between the intermediate and long term 2 hour chart above, there's work to be done, but if I were ever considering a long equity position in AAPL, this would probably be the time I'd take action.



No comments: