Apple Chart ( Nasdaq:AAPL ) hit 20 day sma today (good scale in buy point ) April 13th, 2012
I’ve been patient waiting for a nice drop on AAPL & it hit below a very key level today (20day sma)
I added to both my AAPL ( Apple ) swing & core positions today under $611 and under $608
I’m willing to buy more on any drop under $600 next week so scaled in today but larger than normal.
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When are AAPL (apple ) Earnings Release date?
Reminder : Apple earnings are Tuesday , April 24th , 2012 at 2pm CST or 5pmEST
Apple tends to run up into earnings so to me this is an opportunity to position myself again into apple stock. I also have some advanced options plays going into month end that I did with the help of @mmassassin
Attached is a daily AAPL chart with notes :
Hope you find this analysis helpful – I really love this new look of the blog & much easier for me to upload charts & videos ( Also much cleaner)
Happy Friday 13th