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 36.05% return on risk over the next 24 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 $2.65 would be kept by the premium seller. The risk of $7.35 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 53.51 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
Why Apple's Dominance in China Has Only Just Begun
Thu, 27 Feb 2014 02:15:58 GMT
Samsung Fails to Top Apple With Its Galaxy S5
Thu, 27 Feb 2014 00:11:58 GMT
Apple's Valuation: Thoughts On Price And Value
Wed, 26 Feb 2014 23:19:11 GMT
Apple Launches Big Improvements For iOS Management Tools For Enterprise And Education
Wed, 26 Feb 2014 23:02:12 GMT
The Bank and the Anti-Bank
Wed, 26 Feb 2014 23:00:01 GMT
The New Yorker – Last week, the banking group BBVA bought a personal-banking startup called Simple for a hundred and seventeen million dollars. Simple is a banking service that bills itself as a kind of anti-bank—no overdraft …
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