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Apple shares are trading at $117, and based on your technical analysis, there is a strong resistance level at $120. You believe the stock can
Apple shares are trading at $117, and based on your technical analysis, there is a strong resistance level at $120. You believe the stock can easily fill the daily gap all the way to $130 if the $120 level breaks. If you do not want to pay more than $124 to purchase the stock, what type of orders do you use to execute this trade idea? (hint There are two orders: a buy order to get into the position and a sell order to take profit)
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