Think AAPL is likely to continue the trend higher here and squeeze up to the $242 level.
Once we hit that, I do think we'll see a sharp selloff back down to the $214 level.
My plan is to enter puts once we hit the top level because I think we should see a swift pullback and there should be large gains to come from that.
I'll update as price action continues to play out.
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Will likely play this from the long side on Monday if support can hold at $228.49
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Still think $242 is possible. Market looks to be bouncing. Let's see.
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Welp, looking like this wants lower as of now.
Not going to take a directional trade on it. Wanted $242 to feel comfortable in puts. Want to let price action play out and the chart to become more clear before I take a trade.
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