By: Scott Redler
After another great earnings report, a ton of cash on hand and a slew of new market-share-dominating products, it’s about time for AAPL to split 3 for 1.
Stock right now is trading very tight. I am targeting a cash flow trade if we can get through 260-262 on volume and hold. This should open a micro move back to 269, then possibly new highs.
I trade this stock every day, and every now and then there is a good swing set up. My last big buy was at 215-217. The stock has lagged lately so watch price action close.