drop like waterfall.. any reason? what is the next support? ...
drop like waterfall.. any reason? what is the next support? i just bought some call last night and today will be bloody red.
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OceansWave : If it breaks through 177.. next support 171 - 170
104355905 OceansWave : Really goes down to 171? I though it would stop at 180. I bought some just because it dropped so much from 189 last few days.
QSKoay OP : i would say 175-177 is support. Apple event next week. Launch of new iphone will boost sales so next quarter sales will up but overall
is market sentiment now.
OceansWave 104355905 : I bought call options the day at strike price 185.. yesterday fall, made me sell off immediately to cut my losses.. now on Puts knowing that it will drop below support..
It’s a matter of risk management for u to decide now.. if you betting on the iPhone event to bring up prices, just take note is always the sell the news event, whereby slight chance of going up but doubt it may hit 189 in the short term till the event.. on the event day, many will sell off and cash out as well.. so decide on how u want to address the risk..
104355905 OceansWave : Yup the event coming. Is a bet to the price whether is up or down.
OceansWave : Overnight and pre-market is always unpredictable.. any negative or positive news will change the market
104355905 OceansWave : Ya I guess so for the event that’s why ppl selling and later on sell again. Hopefully is ok
SOLOIST : It might due to China Government ban officers from using Iphon. Please check yesterday news!
QSKoay OP OceansWave : too bad i enter yesterday before closing at call 185 too. Wrong entry point :( Too late for put now. Maybe pick up small amount of call for 180
QSKoay OP 104355905 : usually sells on news lol
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