Page 16 | Plan — Trading Ideas on TradingView

AAPL in front of earnings Recent news: * Deal with IBM * Split 1:7 * Presentation of new iOS 8 * Acquisition of Beats for $2.6 bln + 400 millions of shares Tendencies and perspectives: * Smartphones with big screen threaten sales of iPad * market share of tablets reduced according to research * Smart home, Apple Smart-TV, Touch ID, iWatch - these are innovations that investors expect from Apple * iPhone 6 with sapphire glasse? * Rumors: Apple can acquire Tesla What to expect: * EPS expectations $1.23 vs $1.07 yoy * iPhones + iPads = 3/4 of profit * Analysts upgrades (Barclays, UBS, JMP: $110, $115, $135 respectively) * Comments of upper management and Tim Cook on Conference Call about new products coul be catalyst * I think, numbers will meet expectations How to trade: * Hold Call options in front of earnings. I like this idea because it has well defined risk-premium and you wont be caught with gap down. * Long above $97 resistance * Long if drop down to support $89.65-$90.00 * Gap up and cover (Buy on rumors, sell on news) * Open below $92.50-$93.00 - short to bigger support

QQQ showing relative strength It started 2014 year as laggard and was trending lower in bear channel. But then it bounced off of 200 EMA with RedDogReversal, regrouped and have built higher highs. Finally, sentiment changed when it resolved this indecision area with break up of resistance at $88.60 with nice 4 days follow through. Traders should adapt and make adjustments if they want to survive and be profitable. Then, it built nice upper-level base and borke up again. After 3 weeks of consolidation it broke up to new highs. $MSFT put another record high, 8/21/50 EMA control price. Stocks like $TSLA, $INTC, $FB, $NFLX and even $TWTR looks well and hold above 8 EMA, but no calculated setups here. $AAPL broke up its descending channle as this stock was not interesting for traders last 2 weeks. Lets see if it can build above $91.35. High at $95.05 could be intermidiate target. My previous ideas on some of those stocks and evolution of thoughts: MSFT MSFT INTC INTC Facebook

SPY reversal off highs, scenarios and game plan US indexes were up in early trading after New Home Sales data came out much better than expected. Consumer Confidence Index beats expectations as well. But later markets reversed, engulfed those gains and closed near lows. Lets see clues and points of adjustments (15 min timeframe analysis). After price reached resistance zone $195.50-.60 reversal candle appeared that usually leads to correction. Then buyers failed to hold 8/21 EMA - sentiment is changing. Finally, when sellers managed to erase all intraday gains and broke down 3-days support - strong signal that sellers are in control. Many traders waited for such type of sell off that suddenly took place. Today, in media we will see many articles with fears across the board. They will be screaming that price found its top and now it is going to pullback 10% off the highs. But let be objective. Price just closed below 8 EMA. And before this boom scenario will come into play price should go through 21/50/100/200 EMAs. I think that we will see new highs this year, but question is what will happen first - pull back lets say to 50 EMA or new recor high. This red reversal candle is definitely something to take notice for short term active traders who open their positions intraday or for few days. We can expect 2-3 days of continuation down move and then will measure. I mapped out levels of support and resistance where to make adjustments/take decisions. If sellers want to be in control they don't want to give back $195.27 8 EMA, then we have high at $196.50. And break below intraday low $194.48 could lead to $193.95 21 EMA. Then we have potential support - swing low from 12 of June at $193.11. Intermidiate target could be $191.28 50 EMA. I have three scenarios ni my had to game plan today's action. #1: Price will bounce off of yesterday's low. High probability strategy will be buying leaders that show relative strength: $MSFT, $INTC, $NFLX, $FB, $YELP, $JPM, $WFC, $TSLA, $DDD, $FSLR are some of them. #2: otherwise, if SPY will go through low then I will consider short stocks that show relative weakness: $BA, $GE, $AAPL, $IBM, $C. #3: market opens higher then will sell off.