Apple Inc
Short
Updated

Yes, I'm shorting APPLE

402
The blue trendline works as a strong resistance. Seller take control almost immediately. The last three times the price touched it, it pulled back 15% or more. I bought puts exp. 06/26 strike 290. I might add depends on price action. SL triggers if a daily candle closes above the trendline as shown.
Note
Bought more puts. Same strike and exp date. Nice rejection at 300:
snapshot
Note
That bounce looks weak and choppy. Buyers are losing steam:
snapshot
Trade closed: stop reached
I took the loss. Looks like it is going to blow off the top.

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