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Monday, October 17, 2011

Apple Inc. (AAPL) Stock Analysis - 10/17/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) stock is trading at $422.10 in pre market on Monday. Apple Inc. (AAPL) has shifted from a downtrend to a powerful uptrend and will have resistance around $430. Apple Inc. (AAPL) is due to report earnings on 10/18/11. I am expecting AAPL to report blowout earnings. A trade that you might think about putting on after earnings, short Apple Wednesday morning in pre market and cover either at the close or the day after. Historically, this has worked out great multiple times.