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Tuesday 22 October 2013

Sell Netflix @ 380- won, Buy Apple @ 520- invalid

Previous signals:
Sell Netflix @ 380 for 30 minutes expiration if it stays below
1st resistance @ 390, 2nd possible resistance @ 380

Result: won
Netflix dropped instantly & expired @ 361.23 at 10:30am EDT, it also dropped even further to close @ 322.52



Buy Apple @ 520 for 30 minutes expiration if it rebounds
Possible support @ 520

Result: invalid
Apple rebounded @ 523, which might be too high
Although it's possible to win as it expired @ 524.65 at 10:30am EDT, it would be at a higher risk
It also dropped below 520 later


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