All Profit Targets hit in AAPL time to get flat again
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I wrote a set-up in AAPL for a Short at $544.43 with a $556.21 Stop and I got picked apart for wanting to get Short AAPL. Well, the next day the stock rallied, but it could not get above the top of the Ichimoku Cloud. If I have a $12 stop then I have the following Targets:
Target #1: 50% of the Stop: $538.43 Target #2: 100% of the Stop: $532.43
If I want I can then move my Stop to Breakeven
Target #3: 150% of the Stop: $528.43 Target #4: 200% of the Stop: $522.43
Once ALL targets, its time to ring the cash register and buy an Ipad, but another winner with keeneonthemarket.com