Trade of the day: Apple

Despite showing records profits and beating all estimates, Apple shares have fallen by more than 7% after Steve Jobs announcement that he will take 2 years leave.
The hit taken by Apple shares will be quickly recovered. The launch of the Ipad 2 this year should reinforce the long term growth of Apple even without Steve Jobs in command.


The trade of the day:


Apple will rise between now and the 20/05/11 (120 days). This trade offers a return of 93%.
Valid until Apple gets back in the green.