Apple Inc
Long

AAPL long idea

79
AAPL yet another all time high.

I will nibble a bit here; I would like a 1:3 risk:reward trade therefore the target has no bearing on any area of value. Only the stop level is derived from a close below the 50EMA, which I'll use as a trailing stop loss for this trade.

Apple is Apple, there isn't much one can say from a fundamental analysis perspective. The brand keep the fans cuming, forgive me, I couldn't resist.

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