mster
01-13

$APP 20260116 630.0 PUT$ 

This CSP on APP was rolled down and out from 3 weeks ago back in late December when APP revisited its all time high level at 738 before making a sharp reversal.  The original CSP was caught by surprise thus decided to roll it lower down. With the share now finding support and consolidating around the 615 level, and bouncing back higher during the last 2 sessions seems to show the momentum is picking up again. Last night's price closes above previous swing low may be a bullish signal. If tonight's session can maintain this run, we are likely to have found the bottom of 615 and ready to head back to the $700 level. Which means this CSP will too likely to expiring worthless comes end of Friday. 

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Comments

  • snuggix
    01-13
    snuggix
    Spot on! APP's rebound is solid, $700 incoming soon. [开心]
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