markrivest

AAPL Surging to New Highs?

Long
NASDAQ:AAPL   Apple Inc
AAPL's recent September decline of 25% has had some analyst's speculating that it could be in the beginning of a developing larger bear move. Perhaps this could happen, however the gap up move on 10/12/20 could be the start of a rally to new highs. Note the prior gap up. Other FAANG stocks also had big up moves on 10/12/20.

It takes a lot of money to trigger a gap up in APPL - probably big institutional buying.

Mark

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