Site Meter The Lawyer Trader: Bought A Little AAPL Today

Monday, April 13, 2009

Bought A Little AAPL Today

I couldn't help it...this stock has been so strong lately, hope I'm not just chasing the trend. I got a buy signal on AAPL because the Daily gave a recent buy when it broke out into new highs and the hourly chart just gave a nice bullish cross with the 10 and 20 moving averages. I've got a feeling that there's plenty of upward momentum left in this stock but, ultimately, price action will have to dictate when to get out. Here's a daily chart that shows some potential profit targets:Not doing to much today, except for a small position in the pound this morning. Hope everyone has a great trading day.

TLT

No comments: