By Licia Leslie
February 16, 2025
Hi Shoppers,
Apple (Ticker: AAPL) has had a nice run, which I called by the way last Monday.
Friday it zoomed through the median line and closed higher:
Generally when this happens, the stock will pull back and revisit the median line before it continues its rally.
I will be watching AAPL to come back to $242.52 and go long there.
The next level of resistance is at $247.19.
Trade Review
I was right again on NVDA trading higher. It now looks like it will complete the gap close.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain