Trading Apple ahead of its annual developers conference
By Todd Gordon May 20, 2021
The stock of Apple has been sideways in consolidation since September of last year, only briefly establishing a new high in early January. Recently the chart, along with visual rotation analysis has suggested this stock may be in the early stages of returning to favor, with an upside breakout on the horizon. Tune in with Todd Gordon as he walks you through a way to trade this possible move!
TA Live! Wednesday Live Stream w/ Todd Gordon – 5/19/2021
Grateful for your GRMN trade recommendation. I was late getting in but still did great with a 130-135 spread at $1.70. Do you have a specific AAPL options trade recommendation? We are seeing downward price action for AAPL but the upward trend pattern is still there unless there is no rebound. Agree with the $116 floor. $180+ is hard to imagine given P/E. I normally sell covered calls but I am hesitating since it looks like things could go either way and I don’t want to get exercised! Many thanks.