$AMZN chart and setup 4/2/2012

my gut is telling me to avoid until after earnings. but if you are looking for an entry with credit put spreads you might have shot soon. now look for stock to test and hold the previous breakout level.. resistence becomes support. any new credit put spreads keep the short strike at/below the 50day moving average.

$LULU chart and setup 4/1/2012

been watching for a while,, trigger for an entry for me would be break to new high, then price out credit put spreads at/below the low from 6march near 65 is best level, 2nd best level is at/ below the 50day moving average.. dont know how the premiums look though

$AAPL chart and setup 4/1/2012

looking at 2 levels to trigger new credit put spread entries.. first level is the recent high near 621. the other level is right at the top of the gap near 575..  if continues to pullback to that 575 level and holds/bounces then could look at entering new credit put spreads with short strikes at/below the 50day moving average near 525... if stock moves up to a new high near 621 then would look to enter credit put spreads on that strength using that 575 gap level to shoot against. earnings look to be right after APR opex so i would not put on a May spread yet until after earnings. set your alert and wait for it to come to you

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