AAPX | T-Rex 2X Long Apple Daily Target ETF | Quick Take

In this [AAPX | T-Rex 2X Long Apple Daily Target ETF | Quick Take] video , we will be discussing one of the newest additions to our ETF Google sheet, the AAPX 2x Long ETF on Apple. This ETF was recommended by a member of our community, @TheKrow, in a previous live chat. We already have a few other T-REX leverage long ETFs on our sheet, but wanted to take a closer look at this particular one for @TheKrow and for anyone who may be interested in trading Apple.

Using the research tab in our Google sheet, we will show you how to access the corresponding FinViz profile and FinViz URL for the AAPX 2x Long Apple ETF. This ETF is relatively new and has been affected by recent events such as the Department of Justice lawsuit against Apple. As a result, it may have some fluctuations in volume and price, making it a potential option for short-term day trading or scalp trading.

The AAPX ETF's composition is essentially 200% of Apple's daily performance, making it a leveraged ETF. Its current risk/reward profile is based on the 52-week support and resistance levels for Apple, with a potential reward of 1.4 for each category.

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CHAPTERS
00:00 - AAPX
05:35 - BeachBum Trading Sites
06:23 - Discord Invite

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#AAPX #Apple #etfs

REFERENCES
Weekly Trading Game Plan Notes for 3/25 – 3/29/24 - Part 1 https://docs.google.com/document/d/1NmB2vdHy_dmMyxi0H2rE8EcjmPd5K_S6pbqxAKdNw5k/edit?usp=sharing

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