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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

AAPL: Apple Inc.

Tue Jul 1, 2008 10:41am EST 7

A few minutes after the open I witnessed the strength in [[AAPL]]. I immediately went long some 180 calls after looking at this:

Look at that bounce off the 200 Moving Average. Sometimes these are the best trades to be had, especially when the company receives an upgrade in the am.

Note: I don’t advise you going long at the moment, it’s just another example of what I look for when trading.

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