Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $530.00 short put and a strike $520.00 long put offers a potential 23.46% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $530.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $8.10 would be incurred if the stock dropped below the $520.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apple is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Apple is bullish.
The RSI indicator is at 48.72 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Apple
Hedge-Fund Managers Love Apple, but Guess Who Loves Google
Wed, 12 Mar 2014 14:25:00 GMT
Barrons.com – What does it mean that hedge-fund managers once again can't get enough of Apple's (AAPL) stock, while for mutual-fund managers, it's Google (GOOG)? Here's what the data suggests: Hedge-fund managers seem to think the good old days of 2011 and early 2012 could return for Apple. Mutual-fund managers, meanwhile, seem to be riding Google's remarkable momentum — they clearly haven't rebalanced away from this position after a stunning 2013 gain. So the latter group could be set up for a shock if Google's shares lose their momentum.
Speed reading at 1,000 words a minute
Wed, 12 Mar 2014 14:21:00 GMT
CNNMoney.com – Speed reading at 1,000 words a minute
Apple, Google among tech leaders in the red
Wed, 12 Mar 2014 14:19:44 GMT
‘Netflix for Pirates' Proves Content Providers Still Have a Long Way to Go
Wed, 12 Mar 2014 14:12:00 GMT
Apple May Create A Standalone App For iTunes Radio So That It Can Better Compete With Pandora
Wed, 12 Mar 2014 14:08:17 GMT
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