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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Has Apple (AAPL) Bottomed?

RaginCajun Fri Oct 9, 2015 1:55pm EST 3 Comments

Previously, throughout this bounce, AAPL has lagged the market. However, today the stock is quietly putting in a solid effort. AAPL is back on the hybrid screen, putting up a +25% change in score, and showing signs of improving technicals.

Are you a buyer of Apple’s stock here?

Note: Today’s hybrid mover screen can be found HERE.

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3 comments

  1. Marc David
    Marc David
    October 9, 2015 at 2:34 pm

    I am!

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  2. k_melancon
    k_melancon
    October 9, 2015 at 2:49 pm

    I bought 111 calls this morning for .15 and sold once it hit 112 and then came back down…..I think it has bottomed, but there are more compelling plays out there in my opinion. Needs to get above 112.5, then 115 – it does this, then I will get interested.

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