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GODERIC TIA

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  1. Hi all, General trend for AAPL is uptrend for the past few years of data. Trading Plan Area of value: 117.50 to 104.50 for the past 1 month's range Entry trigger: 117.50 Stop loss: 112.50 Exit: 122 (10%), 128(50%), 138(40%) Time frame of holding: 2 days - 12 days Note: At the level of 138, there was a huge pressure to sell off as it was a new high for AAPL. Projected numbers As my capital is very limited, I am only able to execute this trade at 20 shares. Loss: $100 (2% of my capital) Profits: $270 (11.5%) Observations: Apple has been trading in the range of 117.50 - 104.50, hence you can expect a very high probability breakout before/on day of news on the 13 October. Fundamentals: -Positive news of new products, new online shops in India market and flagship store in SG. Overall, positive news.
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