A self-serving tweet by the sleazy, paper-shuffling opportunist Carl Icahn sent Apple soaring yesterday. Icahn's tweet concerned a meeting he'd had with Apple CEO Tim Cook. He told Cook that Apple's shares were underpriced, then repeated the conversation in tweet form to the world. The stock would not have taken such a crazed leap if it hadn't been primed to do so already. Indeed, the last forecast here said the stock was on its way to $600, driven by a bullish story that is not yet universally appreciated: to wit, Apple is gearing to make a tons of money without having to sell a lot of overpriced electronic devices. Look for the company to turn even more aggressive in striking deals with partners in the entertainment world. As for the stock, it appears headed to the 506.83 Hidden Pivot target shown, at least. Since the stock could already be there before the sun rises on Wall Street Wednesday, I'll leave it to you to figure out a way to board. The good news is that any signaled 'X' entry point is likely to work if your quick enough to catch it with a buy-stop. Click here to learn how you can reduce entry risk by using the ‘camouflage’ trading technique.
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