Apple Inc (AAPL)

[Chartmaster]

Nailed it! Yee-Haw!!! Charts predicted the news event again!!! Head and shoulders BOTTOM!!! Target now 192.64!!! But now it's gonna be a Fuckin Huge Gap!!! I have to resort to my trading rules for options on earnings, here's the plan for the morning:

Beat & Higher Open (Also works for other Higher Open Pops)
1. Get ask quote at 7:30AM open
2. Sell 1/2 or all except for one of the position 10 ticks higher, 10% higher if trading options (Use 5-25 ticks for stock, 5 for lower dollar stock, 25 for higher dollar stock)
3. Look to sell around 7:41-7:45 AM when price is 2-3 lines above the top BB on the 5 minute daily chart, monitor the daily chart and sell when the price is above the upper daily (5 min) Bollinger Band for the second bar (Second price bar above the upper daily 5 min BB) be quick to cancel and replace at the bid or market...and sell at market if the price falls below the 5 min second bars low.
4. If prices hold up and are stable for a couple of hours(No sell off), then buy into a shorter term higher strike position so you don't miss the rest of the rally.
5. After selling 1/2 or all but one wait until 1:15PM or when most or all of the gap is filled or pulls back to the rising 20 on the 5 min chart to re-buy the other 1/2 or full position again.
6. Buy that other half at the close if price is stable, but sell entire position if prices sell off and go lower for the day
7. Do not place the sell order before the open or you might sell too cheap, remember PNRA + V