AAPL had a miserable close and ended at $78.20, which was great for our short position. After hours, however, there has been a recovery and it sits right at near-term resistance of $79.20. This has been the third time AAPL price has bumped up against resistance, so be careful because it may break through to the upside.
Update at 10:16 am: Puked in up and covered at $79.50. Whisper number is that AAPL will beat earnings after hours. Too rich for my blood.
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Its time to sell apple.
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