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What’s not to love about Apple?

Earnings growth, check. Long term supports on charts, check. Low P/E ratios with great growth for those that care about such things, check.  Does it always, always, come back and push at all time highs? For many, many years, yes! Innovative world changing products? Well just little things like iPhones and iPads, but who buys those things?

Here are some reasons that all styles of traders should love Apple for different reasons. Everyone should be able to eventually find a great entry and exit point for their style of trading and be profitable.

Swing Traders should love the way Apple has recently been swinging to the 200 day moving average and back to the $400+ range several times this gives them opportunites to swing trade it for very nice profits.

Value Investors can get the most innovative company in the world with almost $100 billion in cash reserves for a P/E of 12? They could have recently if they were watching and they may get a second chance with the belief that “Apple is to big to grow”.

Stock Option Traders will love the liquidity in the options, many of the at-the-money options a few months out and front month options have bid/ask spreads as tight as most stocks.  In option trading the volume is half the battle. Option traders also get the luxury of weekly options to catch fast moves or sell weekly calls or puts for theta deterioration profits. What’s not to love with Apple options?

CAN SLIM criteria is there, great earnings growth, new products, a leader of its sector, huge institutional sponsorship, and still a small share float for a big cap stock.

Day Traders get enough action from volatility and bounces off key moving averages to make it a good candidate for a one day trade or scalp.

Momentum Traders should love the price momentum created as earnings expectations grow and we find ourselves in the typical Apple run up in price.

Trend Followers should love the way that over the long term this stock trends upward with the 50 day moving average as the long term support point the majority of the time and the 200 day always a reversal point over the past few years.