JimMakos
Long

Apple – China Mobile deal: Are we buying the news?

BATS:AAPL   Apple Inc
212 1 1
http://goo.gl/zv6u7y The news comes as Apple's pullback is about to end.

Apple             stock has gained almost $200 since July’s low at $390. As the new Apple             – China Mobile deal is expected to generate billions in revenue, all eyes will be set on Apple             price action today. Shares are up $7 pre-market.

But can we afford to make the trade?

What’s your trading strategy on Apple? Are you trading the news?
I noticed this on Friday. Pre market shows 566 already. The level you pointed out looks like it was already triggered... unless there's a drop of some kind. I do have a pending buy at that level but will likely cancel it if the price isn't triggered by mid Jan.
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