Apple’s $14 bounce from within 40 cents of the midpoint pivot shown should be held as a reminder that the stock can sometimes be very tradable. To be sure, only camouflage could have nailed this one, since sellers didn’t quite make it to the midpoint. However, in the days ahead, if the stock surprises by breaching 529.04, we’ll know exactly where it’s going — and have a call-buying strategy to leverage the expected turn from ‘D’.
