Expected more downside in the markets today so decided to sell the rally on APPL because it was going green in the morning but also seemed like it had a good chance of, at minimum, bouncing off the $135 support area, or possibly even breaking down through it. Decided to keep to really safe profits on this one after cost averaging at the big bounce around 7:50. Being highly invested I felt it better to be safe than sorry through I could have held even just 5-10 minutes longer and made 30%.
watching 138.09 level had bounced off this earlier and seemed to be an area of strong resistance. Price bounced off candle confirmed so took 3 contract PUT. Price then failed to drop and broke level. Now forming a double top above. Had a glass of wine. Mustt not trade if been drinking. Now price behaving as per thesis and falling.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.