Apple's most recent trend suggests a bearish bias. One trading opportunity on Apple is a Bear Call Spread using a strike $525.00 short call and a strike $535.00 long call offers a potential 35.14% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $525.00 by expiration. The full premium credit of $2.60 would be kept by the premium seller. The risk of $7.40 would be incurred if the stock rose above the $535.00 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 43.29 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
San Francisco's new de facto trade show
Wed, 20 Nov 2013 23:43:42 GMT
USA TODAY – Sean Penn, Haitian PM lead panel on rebuilding plan; it is among many at Dreamforce
Has Apple Already Lost the Smart Watch War to Samsung?
Wed, 20 Nov 2013 23:32:07 GMT
Motley Fool – Samsung gains a better-than-expected lead as Apple’s iWatch remains on the sidelines.
The Meaning Of Really Cheap Android
Wed, 20 Nov 2013 22:59:14 GMT
Seeking Alpha – One of the big puzzles in trying to understand the tablet market is data. Apple ( AAPL ) is pretty much the only large manufacturer giving unit sales, and not only are Samsung ( OTC:SSNLF ) and Amazon …
Stocks slump as Fed backs taper plan: stock market live blog recap
Wed, 20 Nov 2013 22:10:00 GMT
MarketWatch – Welcome to our stock-market live blog for Wednesday, covering the latest news and commentary on the market at a break-neck pace. J.C. Penney, Lowe's and Deere are among the stocks in focus.
Fed Signals QE Tapering Could Come Sooner Than Expected
Wed, 20 Nov 2013 22:05:00 GMT
Minyanville – Today's financial recap and tomorrow's financial outlook.
Related Posts
Also on Market Tamer…
Follow Us on Facebook