AAPL pulls back along with the market, just before President Biden speaks. on top of the power hour few minutes before the market close. aapl release a news about laying off their contractors as part of mass tech layoffs. if you notice lately, most of the tech layoffs sometimes make positive effects on company stocks. making it to bounce up from the bad news. In 1hr chart AAPL is entering the squeeze momentum. and it looks like it will continues to pulls back tomorrow depending on the market conditions volatility.
AAPL average price move per day is $3 TO $4 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for AAPL
Buy call above 153.97 and sell at 155.49 or above
Buy puts below 152.59 and sell at 151.49 or below
make sure that you set up alerts on those key level so you wont miss the move. and always to take your profits as you see one.
Another honorable mentions for bearish setups are semis:
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