CFD Trading – Buy APPLE Inc. (AAPL.NAS) @ $122.00. Stop @ $118.80 and Target @ $130.70

Price moved above the cloud 2 days ago, which could be a hint that the recent consolidation in share price may have ended and uptrend should be in the initial stage of forming. Conversion line and Base line had a bullish crossover confirming the bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend.  MACD is bullish and a bullish crossover is hinting of a bullish price trend ahead. We see price moving higher to $130.73.

$122.00            Buy
$130.70             Price Target
$118.90             Risk Management Stop
3 weeks              Trade Duration

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