fonzotrader
Long

I would by Apple but not just yet

BATS:AAPL   APPLE INC
193 0 1
Since Apple's 52 week low, the stock has had its ups and downs. When the new Iphone's were released the stock price plummeted and recovered a couple of days earlier. The stock is currently consolidating with the low volume that is expected. I would feel more safe buying this stock at its trendline . In a couple of days I believe the stock will reach the trendline and continue its uptrend. My price entry will be in the little circle I drew, there a fib level and the trendline coincide. From there I would hold the stock for about one to three weeks depending on the speed of ascension. My price target would be at a fib level.
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