BY LICIA LESLIE
August 11, 2023
Hi Shoppers,
Remember when I talked about Apple (Ticker: AAPL) topping out and possibly rolling over?
I showed you how it had reached the upper end of my pitchfork.
Look here and here for the reminders.
Well, AAPL is now sitting at another juncture here at $177- $178:

Watch for AAPL to either bounce off this support level or close below and take another leg lower.
The next support levels come in at $168 and then $160.
The first level of resistance comes in at the top of the gap candle at $187.40.
You know what to do.
Trade Review
I last wrote that Bitcoin (Ticker: BTCUSD) looked ready to rally.
Well, that fizzled.
BTCUSD is still holding my upward support level coming in at $29,300 and ProShares Bitcoin (Ticker: BITO) is holding $15.
I will not hop into calls in BITO until it closes over $15.75.
Thanks 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