$AAPL retrace

3 Des 2020

AAPL in a miniscule wave c that I'd expect to retrace to 100% or 161.8% of miniscule wave a. Favoring a 161.8% retrace, as that would coincide with a backtest of the triangle it recently broke out of. Entered some long 12/18 $123 puts.

3 Des 2020

Catatan

Here's a better look at that triangle I expect AAPL to backtest in wave c on the daily chart

4 Des 2020

Catatan

Still trending down. Slight recount to show where the target fits into the impulse up.

8 Des 2020

Catatan

I like the intermediate wave count. I'm confident we're in an impulse wave 3 up. But I'm still leary of that minor wave 2 correction...

11 Des 2020

Catatan

Almost there . . . #buythebox

11 Des 2020

Catatan

Possible a shallow wave 2 was in at 120.85.

15 Des 2020

Catatan

Confident that mini wave 2 is behind us. Purchased some christmas eve calls Friday. Will ride them into late this week/early next week.