Street Fades Goldman Sachs Positive Comments On Apple

Apple Inc. (NASDAQ: AAPL) shares are trading lower by $0.76 at $96.637. The issue got a boost off the open when Goldman Sachs cited the recent weakness in the issue as a buying opportunity.

The firm maintained its Buy rating and $155 price target.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Following a higher open, it continued only another $0.14 to $98.65 before revering course. The ensuing decline has reached $96.17 and it is not far from that level.

If the decline continues, the next major support level in the issue does not come in until Friday's low of $95.36.

Posted In: TechnicalsIntraday UpdateMoversTrading Ideas