Buying Swing: adding AAPL 355 weekly calls at .70-.78 area O
Posted: Wed Jun 01, 2011 10:45 am
Buying Swing: adding AAPL 355 weekly calls at .70-.78 area OVERSIZED, after todays earlier very high entry at 1.25 am here adding to average down the position. All the market data today has been very ugly and its affecting AAPL but still remain bullish . After 4 months of sideways action on AAPL believe that this may be the moment where the multiweek and multi month direction shifts finally positive on AAPL again and once that uptrend reemerges there should be a new all time high passed within the next month, with a larger 400 target for the new uptrend that may last months. This is why am making so many bullish positions on AAPL during a falling market because of the significance of this direction shift.