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Tuesday, 01/24/2012 10:43:50 AM

Tuesday, January 24, 2012 10:43:50 AM

Post# of 784
Apple Falls From The Tree Before Earnings, Watch These Levels


Apple Inc (NASDAQ:AAPL) is declining lower this morning with the major stock indexes. APPL stock is trading lower by $3.70 to $423.70 a share. The popular tech stock will usually hold up well and often rally into earnings. Short term traders can watch for intra-day support around the $422.00, and $419.00 levels should the stock trade down there. As for how the stock will react after the earnings announcement this afternoon is anyone's guess. Trading a stock into earnings is a very risky gamble as the reaction after the announcement could go either way. ...Continue reading here: http://bit.ly/A7PqOH

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