Apple's most recent trend suggests a bearish bias. One trading opportunity on Apple is a Bear Call Spread using a strike $540.00 short call and a strike $545.00 long call offers a potential 53.85% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $540.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock rose above the $545.00 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 below 20 which suggests that the stock is in oversold territory.
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 Devices Flow Into Corporate World
Fri, 10 Jan 2014 01:02:04 GMT
The Wall Street Journal – As technology shifts from PCs to smartphones and tablets, Apple is expanding its reach into a lucrative customer base: companies. The iPhone has replaced the BlackBerry as the mobile phone of choice, and …
Is Intel The Next Apple?
Fri, 10 Jan 2014 01:02:00 GMT
Forbes – They had me at the Iron Man reference. Intel stole the show at this year’s Consumer Electronics Show , introducing a “smart bowl” that will wirelessly charge your phone and other gadgets, a “smart onesie” that lets parents monitor their baby’s vital signs, and—my personal favorite—Jarvis, a smart, always-on Bluetooth earpiece that […]
For PC Makers, the Good News on 2013 Is That It Is Over
Fri, 10 Jan 2014 00:48:09 GMT
New York Times – Last year was the first in which personal computer shipments fell at a double-digit percentage rate, according to two leading market-research companies.
3 Bargain Tech Stocks To Watch In 2014
Thu, 09 Jan 2014 23:47:57 GMT
Motley Fool – In an increasingly expensive market, these cheap tech names could prove attractive for investors.
WWE Brings The Hammer Down On Traditional Pay TV
Thu, 09 Jan 2014 23:44:00 GMT
Investor's Business Daily – WWE Brings The Hammer Down On Traditional Pay TV
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