Apple's most recent trend suggests a bearish bias. One trading opportunity on Apple is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 20.63% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.71 would be kept by the premium seller. The risk of $8.29 would be incurred if the stock rose above the $185.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Apple is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Apple is bearish.
The RSI indicator is at 40.96 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
[$$] Apple Pushes Out Software Update to Avoid China iPhone Ban
Wed, 19 Dec 2018 10:30:48 +0000
Inc. sought this week to avoid a ban on the sale of older iPhones in China by releasing a software update that some intellectual property lawyers said could enable the company to keep selling those products in the world’s largest smartphone market. Inc. The two American giants in the smartphone industry are locked in a bruising legal battle over technology licensing.
3 Tech Stocks That Pay Bigger Dividends Than Apple Does
Wed, 19 Dec 2018 01:35:00 +0000
Apple pays a solid and growing dividend. But if yield is what you're after, these stocks might be worth looking at instead.
[$$]
Wed, 19 Dec 2018 01:23:11 +0000
Apple Inc. unveiled its biggest and most expensive iPhone lineup ever, but later reports of the company cutting supply orders raised questions about how well the models were connecting with consumers. Comcast Corp., though, later beat out Disney and Fox by agreeing to pay $38.8 billion for European pay-TV giant Sky PLC. AT&T Inc. was allowed to proceed with its $80 billion acquisition of Time Warner Inc., after a federal judge ruled the Justice Department hadn?t proved its case that the deal would suppress competition in the pay-TV industry.
These 3 Companies Are Buying Back the Most Stock
Wed, 19 Dec 2018 00:45:00 +0000
These S&P 500 technology titans are buying back tens of billions of dollars' worth of their own stock this year.
Buy Apple (AAPL) Stock for Cheap Heading into 2019?
Tue, 18 Dec 2018 23:02:11 +0000
Shares of Apple (AAPL) have tumbled 24% in the last three months as part of the larger market pullback. But investors do have legitimate concerns about Apple going forward as iPhone unit sales slow. Still, the question is should investors take Apple's downturn as a chance to buy AAPL stock at a discount?
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