Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $170.00 short put and a strike $165.00 long put offers a potential 14.16% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $165.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apple is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Apple is bullish.
The RSI indicator is at 58.64 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
[$$] How FC Barcelona are preparing for the future of football
Fri, 01 Mar 2019 04:51:26 +0000
A little man in a baseball cap, sitting high in his luxury crossover SUV, drives into the players’ parking lot at FC Barcelona’s closed training ground. , the world’s best footballer, is reporting for work. Barcelona’s Ciutat Esportiva Joan Gamper, named after the club’s founder, sits at the western edge of town.
Why Investors Shouldn't Panic About Apple's Smartwatch Share Loss
Fri, 01 Mar 2019 01:30:00 +0000
The situation is subtler than it appears.
Can Fitbit Recover From Its Post-Earnings Fumble?
Fri, 01 Mar 2019 01:00:00 +0000
The wearables maker forecasts soft demand for its devices in the first quarter.
Could This Chipmaker Be the Next Xilinx?
Fri, 01 Mar 2019 00:31:00 +0000
Qorvo's 5G catalyst could give it a Xilinx-like boost.
Why Facebook (FB) Stock Looks like a Buy on the Dip
Thu, 28 Feb 2019 23:25:11 +0000
Facebook stock closed regular trading Thursday down more than 26% from its 52-week high, which gives the stock plenty of room to run. And this is hardly the only reason that the embattled social media company looks like a buy at the moment.
Also on Market Tamer…
Follow Us on Facebook