SIDCapital

APPLE LONG Trading Plan

Long
CURRENCYCOM:AAPL   Apple Inc
App Store revenue is booming as people stay at home. Analyst expects increased App Store downloads and in-app purchases to bring in an extra $500 million in revenue for Apple's third fiscal quarter. And if that revenue is driven mostly by subscriptions, as has been increasingly the case for Apple , it could mean a permanent step up in revenue for the high-margin services business.

Key Trading Plan:

i) LONG when the price reaches the pull back area at 326.14 with the target Take Profit point at 360.

Author:
S.I.D. Aizu