December 4, 2013

NEW APPLE SHORT-TERM TRADE $AAPL

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These posts were published on ZYX Buy Change Alert.

On November 26, 2013, the following alert was posted:

A SHORT-TERM TRADE ON APPLE

This trade is separate and distinct from the long-term position in Apple.

AAPL is breaking out of heavy technical resistance in the zone of $530 to $535.  Many such breakouts are false breakouts, therefore there is a reason to be cautious.  However, bulls are floating all kinds of rumors about AAPL sales for the holidays, such rumors, at least today, are propelling the stock higher.  The buy zone is $511 to $536.  

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HOW APPLE STOCK GOT RED HOT AGAIN $AAPL $GOOG $WMT $TGT $CHL

 

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After Apple AAPL  stock had lost its momentum in recent months, it has spiked higher in the past two weeks and outperformed the S&P 500 by 8.8%.

Here are seven reasons that Apple is moving higher again.

It all started on November 21 in trading circles.  Traders make a living by tuning in to new information early and often establish positions before there is even a hint of the new information in the mainstream media.  The buzz was that the likes of Wal-Mart and Target TGT  were going to heavily promote and discount iPads for the Thanksgiving weekend. … Please click here or the title below to read more.

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