traderbonk

Apple offers an excellent risk reward ratio

Long
NASDAQ:AAPL   Apple Inc
AAPL might be a hated stock currently.
Everybody is a yield rate expert nowadays and the narrative that all tech must crash, better today than tomorrow is told everywhere you listen.

However, if we look at it from a risk reward perspective, it offers an excellent entry currently.

Stops could be placed as tight as 115, with an upward potential of 155, making us a nice 7:1 dog on our bet...


I mean, come on, the bullish flag is even upwards.... :)

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