There is a report that Apple (AAPL) is targeting 2024 to produce Apple electric cars. It is too early to tell if this report true or false. However if the momo crowd gets ahold of the report, they can potentially run AAPL stock. Since it is a pure momo trade, it is suitable only for aggressive investors. The buy zone is $120 to $127.52. AAPL is trading at 127.26 as of this writing.
The stop zone is $109 to $116.43. The target zone is $138 to $153. The maximum recommended quantity for this Trade Around position is 20% of full core position size.
Trade Around positions are separate and distinct from the core positions. Please see Trade Management Guidelines to learn about Trade Around positions.
This post was just published on ZYX Buy Change Alert.
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