Since I may have doomed Apple a week ago with a target in the mid-$70s, it would hardly be sporting to ignore this rally. It looks bound for a minimum 115.91, but a close above that Hidden Pivot would hint of more bear-baiting to as high as 122.02. It is at that pivot that we should try to get short; however, this trade would not be for beginners, since naked-shorting some fat-n-juicy November 125 calls (APVKE) would be the way to go. They could be trading for anywhere between $11-$12 when the stock gets to 122, so you’ll have to monitor the bids and offers for the call as the target is approached to know exactly how to offer them. _______ UPDATE: Apple peaked a tad above the first target, then dove. We’ll have more chances to short it, though, since the stock’s rally off its recent, grossly oversold lows looks like just a warm-up on the weekly chart.