what's your target price for the split?
this is a very exciting time for position traders watching the upcoming split - especially those of us who participated in past tech-stock splits and how rewarding these were (late 90's anyone? ) -- we also know some fund managers are awaiting the split to happen to start loading up AAPL at the new price.
here'e my target projection for the split and the next 2 weeks - apologies for the clutter on the chart - this is my working "whiteboard" :)
the short version, we look at a split to occur somewhere between $115 to $125, given the current price action, the supply/demand profile, and the projected moves in the next week or so - the green box is ideally where we want to be - if all goes as expected, this whole chart should get automatically scaled (all chart elements divided by 4) when the split happens.
-- i think this is more of an aspiration scenario than a projection :) -- we have a long stock position to hold (long term) for after the split - and a short-term 18Sep440 Calls to take thru the split target to close wk1 September --
let's keep watching
this is a very exciting time for position traders watching the upcoming split - especially those of us who participated in past tech-stock splits and how rewarding these were (late 90's anyone? ) -- we also know some fund managers are awaiting the split to happen to start loading up AAPL at the new price.
here'e my target projection for the split and the next 2 weeks - apologies for the clutter on the chart - this is my working "whiteboard" :)
the short version, we look at a split to occur somewhere between $115 to $125, given the current price action, the supply/demand profile, and the projected moves in the next week or so - the green box is ideally where we want to be - if all goes as expected, this whole chart should get automatically scaled (all chart elements divided by 4) when the split happens.
-- i think this is more of an aspiration scenario than a projection :) -- we have a long stock position to hold (long term) for after the split - and a short-term 18Sep440 Calls to take thru the split target to close wk1 September --
let's keep watching
