Replies to post #60476 on Options Wonderland

[BUDDIEE18]

thanks for bringing this shattering news ohhhhhh so gently Fox. :-D ;-)

[whereismyorange]

Hi Fox,

I've been watching AAPL closely past few days, and it is similar to your chart.

AAPL has broken through 245 and 240 support and is now at the bottom of a channel. It has tested 240 multiple times today.

I think AAPL is bearish as long as it cannot get above 240. I'm looking for a test of the upper channel or 245 which may be a good short entry. If AAPL gaps above 245, I won't short...

Just some thoughts ...

(not live chart)