2waytrading

$AAPL managed to stay in a tight range, time to decide direction

NASDAQ:AAPL   APPLE INC
247 0 2
Since Sept 9th price traded between 105 and 97 and for serious investors should wait either to short or go long outside this range. There are 6 bearish signals and 4 bullish signals in the short term (6-10 weeks) but due to high volatility in the market none make sense now. Option traders will make money if they use spreads in this type of trading environment we they can control losses, and expect price to make a new higher highs nextt 12 weeks provided it survives from recent gloomy and brutal market sell off. Last salvation for bulls are earning and if that turns less then expected market could slip into a serious correction so will $AAPL             in that case, below 97 will be a good opportunity. If you need a real time alerts, try us http://www.2waytrading.com
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