A COWARD’S WAY TO PLAY APPLE $AAPL
With Steve Jobs taking medical leave, Apple’s shares are down 7% in Germany. Tomorrow in US, $AAPL shares are bound to be very volatile. The most likely scenario is that shares will open down then bounce and partially fill the gap. Tim Cook , who will be taking charge in Jobs absence has been more in-charge than what is visible. In the short term, we do not see any change in the forward momentum of $AAPL products.
From a short term trading perspective , in the high volatility we expect, risk control is difficult as stops repeatedly are hunted leading to losses for all but most sophisticated traders.… Please click here or the title below to read more.