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#SaxoStrats - Taking a bite of Apple
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Saxo's Mads Koefoed is looking to get a bite of Apple after the stock price has been pretty flat for the last four months.
He says Apple is cheap compared to the broader US market. He also thinks there is potential for the US giant to beat its revenue and sales predictions in Q4.
Last price: 126.60
Trailing stop. 6.50
Stop step: 0.6
And you can read more about this #SaxoStrat here.