With $AAPL Soaring is $GOOGL Waiting in the Wings?

$AAPL is now to record levels over $101 a share.  With the stock struggling last year after a massive decline from record prices, and analysts downgrading the stock, I stuck out my neck and boldly called for $AAPL to come back and hit record prices again.  It didn't happen in 2013 as I thought, and it took a little longer than expected, but it happened.

Why Apple Could be Making New All Time Highs in 2013

Which brings me to $GOOGL.  The chart looks very bullish heading into the end of 2014.   There are other charts with similar price action that I also like including $SBUX.  I will post those another time.


I am long the $600 calls that expire this week and  looking to buy September calls in anticipation of this possible move higher.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

More Posts by UPB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply