AAPL Update and DXO

I bought some Apple back on April 13, 2009 and posted my trade plan, which included a couple of profit targets. Target number 1 was hit this morning and Apple looks to be in another trending move up. Here's the daily chart:So far this has been a pretty good "textbook style" trend trade...hopefully it will stay that way.

On a different note, I put on a trade in DXO this morning. DXO is the double leveraged long Oil ETF. I have a wide stop in place and also a big profit target...kinda necessary to have big profit targets when making trades that require wide stops. Here's the chart with my trade plan:Hope everyone's having a great start to the trading week.

TLT