Apple's stock went up too high from 418.99 to 436.00
We'll see if there's a pullback or if it can continue going up higher, it might try to reach 440 & face resistance
Trading Signals to watch:
Buy Apple around 420 (low risk but unlikely to reach) or 430 (medium risk) if a pullback occurs,
for 4pm EDT end of day expiration
It can still stay above 430 but 420 is a stronger support
Medium risk trades:
Try selling Apple everytime it reaches 440 & drops, for shortest expiration time
If it doesn't break above, it should stay below it for quite a while or even drop further
If it breaks above 440, do not sell or buy anymore
Although it could still go higher, it's too risky to buy at such a high price
Short term traders might sell & take profit today
We can buy tomorrow if 440 becomes a support, but it's too soon to buy today
Short term stock price: too high (range was around 419-435)
Long term stock price: too low, Apple is still down more than 35% from its peak & considered undervalued
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