07 November 2007

7-11-07 : AAPL setup tonite

AAPL has good support from lower channel line, and now going to move higher. 15min chart suggests it already broken 190 up, and is ready to go for 200. Thus we will enter a call tonite.

daily chart
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15min chart
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Trade setup :
Wait for price to retrace back to 190, then up again with 1 big white cdl or 2 small white cdl using 5min chart.

If no retracement, dont go for call. if gap, dont call also.

AAPL Dec07 $190 Call
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2 days Option price range : $8.25 - $11.25 ($3 range)
Thus we should go in at around $9-$10 range price.

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