Some news shows that Apple (AAPL) is making a huge profit with it's new iphone. But how you can join to this event except buying a new iphone. Just join the stock market. I don't advise to buy it or short it, I just mention it as an option of making some money.
Now let me describe my strategy. Today it has a rise at $267 . It has a heavy resistance at 270, and a support on $250. The RSI is heading to overbought area, Volume is in a down trend and MACD is very weak in positive area. and STOCH has an up trend.
If the security passes 270 and has raised in Volume then it can be a good buying option and the stop-loss should be set around 269.8.
If the Security breaks below support line you can sell short and set the stop loss at 250.2.
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