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The Gimme Trade On AAPL

|Includes: Apple Inc. (AAPL)

AAPL is pulling back to a support level that may be the "Gimme" zone for a trade on the long side.

See that blue line? It's a support ZONE and so is the 200-day average. When (And IF) we get there that's what its going to take to get us to go long this issue. The flip side is? Any rally up to the red downtrend line and we consider short selling it. So there you have it, we just framed it for you -- It's all you need to know from here.

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Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in AAPL over the next 72 hours.