BLL short since $74. With price breaking back up through the ~$64.50 support/resistance mark, I'm accepting of the possibility for a longer consolidation like we had from early/middle September through late October. Any daily close above ~$68 would make me think about an exit. I still target ~$60, but it could be mid/late December before price breaks down....
BLL has been good to me the past few weeks -- I think the corrections continues, and that price will continue to respect the previous support points during the climb up as bounce levels, and then resistance. BLL practically became a rolling marble on the previous support until it fell through. It's currently approaching a price-gap which is acting as a loose...
It seems like there has been a first failed attempt to reach the top of the channel with a failed price drop. I'm predicting one more reach for AAPL.