Seeking Alpha

Mazen Abdallah  

View Mazen Abdallah's Comments BY TICKER:
  • Bullish Play On Apple Into 2013 [View article]
    Please re-read the article, I suggested the $500 call strike was the one to go with. That's not out of the money. It's Deep in the money.
    May 2, 2012. 06:51 PM | Likes Like |Link to Comment
  • Bullish Play On Apple Into 2013 [View article]
    Guidance was lower than the street's expectations (albeit they are typically conservative) and the lack of a new product release this summer is what holding the stock back. Look for a push just before the buyback program and iphone 5 release.
    May 2, 2012. 10:49 AM | Likes Like |Link to Comment
  • Bullish Play On Apple Into 2013 [View article]
    Apple goes lower from here (at least to 560). You will know when institutional order flows are back in the game by looking at the weekly charts and their respective volumes.
    May 2, 2012. 10:20 AM | Likes Like |Link to Comment
  • Odds Favor A Big One-Day Upside After Apple Posts Earnings [View article]
    Thank you for the well thought out and detailed analysis. The market conditions are extremely volatile and because we are technically in a correction, I think it's best to sit on the sidelines. I would much rather wait and see the price action post earnings, and then make a play (long or short) based on that.
    Apr 23, 2012. 08:28 PM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    After hours trading today suggests another possible test of 10 dma, now 603.95, tomorrow. If trend continues, it will pose another buying opportunity to capture new highs.
    Mar 29, 2012. 10:20 PM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    It continued to the following day to hit 620 and higher
    Mar 29, 2012. 10:18 PM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    Following with an update: Yesterday, March 26, Apple again touched its 10day moving average at around 597.50. It bounced off and is now making new highs (613.40) repeating the trend since its January earnings date.
    Mar 27, 2012. 10:01 AM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    Absolutely, and he yet again did another chart on CNBC when Apple was trading near 600 saying the same thing he reiterated on that outside day. The "fundamental" flaw in his analysis is that the chart covers too long a time frame (many many years). There were years in that chart where Apple made little to no money (sounds shocking, but Apple wasn't too successful before SJ's return). The point is, you can't compare how Apple traded 10 years ago, when it made no money, to how its trading now, when its one of the most profitable companies of our era. The chart's analysis only goes back to the Jan. 25th earnings gap up. Great earnings, great mark up. But even in the amazing ride up, there were pauses and that was the time to get in. The two indicators I mentioned hope to give investors an edge in predicting those pauses.
    Mar 23, 2012. 12:40 PM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    Correct, and I wouldn't mind it flagging in that area. The information contained in this article is also integral to those who buy options, especially as a play on earnings. Each day that passes causes a depreciation in value as a result of time decay (theta). If I know Apple could be the same price a week from now, I would obviously purchase the call at that time as opposed to now. Also, a market pull-in might cause Apple to come in more and touch its 20 day. Its basically a wait and see approach. Undoubtedly, one should not buy when the stock price significantly diverges from its 10 day as one can see in the chart.
    Mar 23, 2012. 02:04 AM | Likes Like |Link to Comment
  • Apple: Looking For A Good Entry Point? [View article]
    Update: 10 day is now 583.52. Trying to catch up...
    Mar 22, 2012. 04:11 PM | Likes Like |Link to Comment
  • Why I Wouldn't Trade Apple Right Now [View article]
    Apple has recently become a day trading platform. The options players are largely the cause of the recent mark up. If volatility is not something you can handle or navigate through, then either buy and hold because valuation is in your favor. I will point out that whenever Apple has diverged upwards of 5% or more from its 10 day moving average (has occurred in time frames since earnings release), there is a bit of a pause and retreat to the 10 day moving average. Simultaneously, RSI levels have read above 85 right before the minor sell-off. So, look for those two metrics to arrive at a possibly overbought conditions.
    Mar 22, 2012. 01:05 AM | 1 Like Like |Link to Comment
  • Apple Approaching Consensus Price Target [View article]
    Well Jeffries and Morgan Stanley just have in the past few trading days to 699 and 720 respectively, so it looks like the separation will be more attributed to the raising of price targets
    Mar 14, 2012. 08:38 PM | Likes Like |Link to Comment
  • Has Apple Gone 'Parabolic' Or Just A Bit Overextended? [View article]
    A stock split would have a greater impact on share price and investor demand than a dividend announcement.
    Feb 13, 2012. 09:14 PM | 1 Like Like |Link to Comment
  • Apple Beats Or Misses? I Don't Care [View article]
    If I'm not mistaken, Apple typically reports their earnings on a Wednesday. With Apple reporting one day earlier in the week this go around (next Tuesday), there will be less time to garner a profit than quarters past.
    Jan 17, 2012. 11:22 PM | Likes Like |Link to Comment
  • Whatever You Do, Don't Do This Before Apple's Earnings [View article]
    That's my point. Who buys them AND succeeds? The answer is no one (in AAPL). You can't win that way. You must create the position well in advance and close prior to earnings to get the closest thing to a guaranteed positive ROI. To do so otherwise would be to miss the volatility spikes and thus defeat the purpose of options trading to begin with.
    Jan 17, 2012. 01:18 PM | Likes Like |Link to Comment
More on AAPL by Mazen Abdallah
COMMENTS STATS
93 Comments
20 Likes