Like last week, we are once again faced with a triangle pattern that is close to a breakout. This chart of Apple, Inc. is very similar to the one posted in the last alert for Novagold (NG). The credit put spread in Apple will pay for the long calls that we bought in NG, giving us a chance to turn a short-term risk position into a longer term profit position.
Options Oracle: 04/09/15
Posted on April 9, 2015 by AJ Monte in Options Oracles
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