ELECTRIC CAR NEWS TRIGGERS NICE PROFITS IN APPLE TRADE AROUND POSITION

The news of electric cars potentially coming from Apple (AAPL) has generated nice profits in AAPL Trade Around position.  The Arora Report was the first to give a buy signal on the latest electric car news.  This allowed Arora Report subscribers to get in early. Apple stock was trading at $127.26 at the time of the signal.  The target zone for the Trade Around position given at the time of the buy signal was $138 to $153.  This morning Apple has traded above $138 in the premarket and is trading at $138.06 as of this writing.

A Trade Around position is separate and distinct from the core position.  Trade Around position is a technique that often doubles your returns and lowers your risks.  Please see Trade Management Guidelines to learn about Trade Around positions.

This signal does not apply to the AAPL core position that is long from $4.68.  The core position has very large profits for the long term subscribers to The Arora Report

What To Do Now

Consider taking partial profits in the zone of $137 to $140.48.  Consider moving the stops to break even on the rest.  The high end of the target zone remains $153.

This post was just published on ZYX Buy Change Alert.

 

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