Long Position on AAPL @ $276.00 on 3/11/2020 (Fundamentals)

Apple Inc. (AAPL) designs, manufactures, and markets mobile communication and media devices, and personal computers.

It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.

It also provides iTunes Store, an app store that allows customers to purchase and download, or stream music and TV shows; rent or purchase movies; and download free podcasts, as well as iCloud, a cloud service, which stores music, photos, contacts, calendars, mail, documents, and others. 

Shares of Apple have fared better than the rest of the market. Shares are in the process of a forming a bullish "double bottom." Note the stock's 100-day and 200-day moving average lines.  

Trading Range: $170.27 to $327.85

Entry Point: $276.00

Stop Loss: $264.00

Target Price: $306.00

Updates

5/7/2020 10:31:13 AM

AAPL closed at $304.50

Position closed on 5/7/2020 at price of $304.50 with a 10.33% gain in 57 days.

Back to Portfolio