Apple reports after the close today. I’ve gone ahead and entered a small position (short 100 shares, stop at 210.65). I see two important price barriers. The first is 210.64:
And the next higher one is 214.48. If it clears both of these, it’s poised for plenty more strength.
Below are the historical earnings reactions; frankly, I don’t think this particular data set is particularly illuminating in this case.
