johnatan hammer's  Instablog

johnatan hammer
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trading stocks, currencies and commodities for more than 10 years. allways happy to learn new things and anyone i meet can be a teacher. i love to use technical analysis as a primary tool for investments or trades.
  • Apple- Short Term Buying Signal 0 comments
    Feb 7, 2013 5:01 PM | about stocks: AAPL

    After opening a gap of over - $ 40 since the publication of the reports Apple shares stock stock carefully collected almost lead signals because the stock.

    Today the stock broke resistance level of $ 460 and there is a good chance that at least over the short term the stock will continue to rise towards the rate of - $ 500 to close the price gap created.

    Simple trading plan: Buy and hold with with stoploss at $ 460.

    This is a short-term trading plan since I believe over the long term, Apple has the potential to reach below $ 400.

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in AAPL over the next 72 hours.

    Stocks: AAPL
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