Good setup for a drop of over 10% in AAPL

AAPL trades on a pending bullish butterfly. Although this is by default a bullish pattern the failure of a bullish butterfly almost always leads to capitulation to the following fibs.

The local action we have on AAPL is not typically what we see in the low of a bullish reversal which makes me inclined to speculate on a sharp drop on the failure of the bull pattern.

İşlem aktif:

Long 150 - 160 puts.

Yorum:

So close to making the support break now.

Let's see how it goes.

Yorum:

I think this is the break being made in AAPL.