Been watching AAPL for some time now. It held well earlier today at 425. Prior to that, 420 was extremely strong support.
In the past couple weeks, prices have tended to oscillate between 425 and 470.
I just bought in at a bit over 425. A holding strategy now with a stop loss at 420 is a sound bet.
Your max downside is about 1%, but an upside of 10% in the next two weeks is not out of question on optimism leading up to the earnings report.
It's come down to this level a couple times already, and if it still hasn't fallen through, it probably isn't going to.
Anybody agree/disagree?
In the past couple weeks, prices have tended to oscillate between 425 and 470.
I just bought in at a bit over 425. A holding strategy now with a stop loss at 420 is a sound bet.
Your max downside is about 1%, but an upside of 10% in the next two weeks is not out of question on optimism leading up to the earnings report.
It's come down to this level a couple times already, and if it still hasn't fallen through, it probably isn't going to.
Anybody agree/disagree?