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Tuesday, October 18, 2011

Apple Inc. (AAPL) Stock Analysis - 10/18/11

By Tim - http://stockstobuy.org

Apple Inc. (AAPL) is trading near $423 ahead of earnings tonight. Apple Inc. (AAPL) recently shifted from a downtrend to a powerful uptrend and will have resistance around $430. Apple Inc. (AAPL) is due to report earnings tonight with $7.30 EPS expected. 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.