Apple offers an excellent risk reward ratio
AAPL might be a hated stock currently.
Everybody is a yield rate expert nowadays and the narrative that all tech must crash, better today than tomorrow is told everywhere you listen.
However, if we look at it from a risk reward perspective, it offers an excellent entry currently.
Stops could be placed as tight as 115, with an upward potential of 155, making us a nice 7:1 dog on our bet...
I mean, come on, the bullish flag is even upwards.... :)
Everybody is a yield rate expert nowadays and the narrative that all tech must crash, better today than tomorrow is told everywhere you listen.
However, if we look at it from a risk reward perspective, it offers an excellent entry currently.
Stops could be placed as tight as 115, with an upward potential of 155, making us a nice 7:1 dog on our bet...
I mean, come on, the bullish flag is even upwards.... :)
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