Apple Iphone 4S – AAPL trading opportunity
Apple announced its new iPhone 4S model at the event, along with iCloud’s release date and the new Siri assistant feature.
The iPhone 4S will be released on October 14th and will be available for pre-order on October 7th. iCloud and iTunes Match will be available alongside iOS 5 on October 12th.
iOS 5 is the next major revision to Apple’s software for iPhone, iPod, Apple TV and iPad devices. You can see our complete rundown of the iOS announcements back at WWDC here. We’ve also got a closer look at some of the features of iOS like iMessages, Twitter, Setup and Notification Center, iCloud and alerts.
Investors didn’t seem to like the new plan much as we watch AAPL share traded below its 100 DMA where opportunities to be in cheaper from extreme oversold condition.
Base on our patent pending trading strategies, it isnt that diffcult to see where bottoms could be.
Even with the recent price drop, AAPL remains on top of my personal buy list for options trading since they are a class asset of their own. Look around you, how many of your friends have an iWhatever? iPhone launch is big for AAPL, and rumor sprint ordered $20 billion worth already!.
Even if you didnt realize any of this and have zero friends with an iWatever or iPhone from Apple. Our technical research indicates lower risk entry point.
Great entry points today if you were in the virtual trading desk with us.
With our trading methodology, the short term selling of AAPL hit an extreme today, and the 100 DMA held as the bottom of the cycle should hold as it is closer to lowest than it is highest. Watch the next few key release day for potential strength to continue on the upside. Remember, your odds can be higher with a more accurate entry & exit.
Best of luck, and have fun with iphone 4S!