This monthly bar does not look so hot for AAPL. With 1 trading day left to go, we're going to watch and see where this candle closes.
If we close here, I would expect another retest back up into this grey zone and wait for an entry to sell calls or put on some debit spreads 50% up the wick. This is a more conservative entry.
A longer term, more aggressive entry could enter on the close of this candle and/or the break of the low.
If we close here, I would expect another retest back up into this grey zone and wait for an entry to sell calls or put on some debit spreads 50% up the wick. This is a more conservative entry.
A longer term, more aggressive entry could enter on the close of this candle and/or the break of the low.
