CFD Trading – Buy APPLE Inc. (AAPL.NAS) @ $133.00. Stop @ $127.50 and Target @ $144.75.

Apple Inc.  Stock Code AAPL.NAS

Price broke above the cloud last Friday, and this could signal the end of the correction and a resumption of the bullish trend. Conversion and Base lines had already had a bullish crossover earlier, hinting of the bullish trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is turning bullish with both lines moving towards the zero line and moving higher. A breakout of an Ichimoku V-shaped price structure gives a price projection target of $141.20 which we think can be achieved within a 3 weeks period. There is also a good chance we may see the previous high of $144.78 tested again.

$133.00              Buy
$144.75              Price Target
$127.50              Risk Management Stop
3 weeks              Trade Duration

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