"The demand for AAPL products was too big to ignore." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Editor's Note: Today is the day. The Federal Reserve is expected to make another decision on rate cuts. To protect your portfolio from any volatility, our Lead Technical Tactician Nate Bear and newest Senior Analyst Chris Johnson will be going live for their "Trading the Fed" event. They will also be dropping a special surprise during the broadcast. Click here to sign up for this FREE event today. - Stephen Prior, Publisher Yesterday I mentioned Apple (AAPL) as a watchlist play. The stock had been down for 3 straight days... but I knew that wouldn't be a long-term trend. After all, any time I go to an Apple store, it's packed. This demand could only mean one thing - the stock was about to rebound. So I entered a trade in The War Room to take advantage. And in less than 24 hours – AAPL delivered. The stock popped on strong consumer demand yesterday morning, and I closed for a double-digit 16% winner in ONE trading day. Several War Room members were also in on the trade. Here's what they had to say… This trade on AAPL is a great example of following consumer demand. If you're out shopping, and you notice there's a line out the door for a product, what does that tell you? The stock could be going up soon. But that's not all you need to make money off a trend. The other skill is knowing how to exactly execute the trade. When should you enter? When is the right time to exit? That's exactly what Karim and I show War Room members how to do every day. |
No comments:
Post a Comment