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Market_Psychology
Dec 13, 2018 2:26 PM

Apple good value and hitting key support  Long

Apple Inc.NASDAQ

Description

Apple stock has been significantly down for the past few months giving us a great buying opportunity. P/E for apple is currently at 14. This is compared to other tech companies (like Netflix ) who have a P/E around 100. I think this is a great value and a perfect time to enter a trade. Price right now is bouncing off of key support in the 170-165 range. I expect it to pop up in the short term with a target at 180
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