Sticking With My Apple View
Well that clears things right up doesn't it?
Beloved Apple (AAPL) misses and guides lower and the stock was flat after hours. I will stick with my view on Apple that it had its target from the head-and-shoulders top met in this $600-610 area, so it makes sense that this is where it should make a stand, at least for now. For now it is in a channel and any move out of the channel will catch my attention. For bulls, that means a move over $640 that sticks....459 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.