Friday, June 8, 2012

6/8 $aapl setup for new entry

not going to be anything terribly original about these levels, but for a new entry using credit put spreads, would be looking for a break of the 50day moving average which is coming down now. right now that 50day level pretty closely lines up with the high from last week, but 50day break would be more meaningfull. breaking would be the trigger...still like the level at/below the 515/520ish support line for credit put spreads


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