Verizon Gets the Apple iPhone!

[MrktTimingAcdmy]

It was announced today that the Verizon Network will start carrying the iPhone. This is obviously great news for both companies and probably bad news for AT&T. In addition Apple announced the new App Store for the Mac revolutionizing the way we will be delivered software to our computers. I also noted Jeffries raised its price target on Apple from $365 per share to $450 per share and Wells Fargo raised its earnings estimates on the stock. The question is how do you trade it if you own it and what do you do if you don’t?

Key Support Levels:

• 1st: $321.31
• 2nd: $297.76

Upside: Who knows....

MTA YouTube Video on How to Trade it