Apple-Trump Trade

 

 

We are using our Blue Line System to trade Apple, but this chart is tradable for everyone:

(1) Buy AAPL Monday at $255.82;

(2) Stop under break-out line, around $230 (making trade risk about 10%); 

(3) When AAPL reaches $275 (+10%) move stop to entry ($255) reducing risk to zero; 

(4) When AAPL reaches $300 gain is 20%; at $350 gain is 40%

(5) Election eve 2020, exit trade. The following few days will be anyone's guess and by then I'll have a strategy to cover all possibilities: House, Senate, Presidency - no matter how election unfolds...everything changes. 

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