The technological heavyweight is now a tanker and not a speedboat like many other tech stocks, from silicon valley. I would go as far as to speak - in the case of AAPL - of the classic conservative value stock from California. Even if the company presents itself and sells itself as a libertarian free company.
The technical picture of the share is not bullish, admittedly - there are already numerous other Tech shares that are already trading at new highs. But the picture looks promising all the more defiant. When we speak of a conservative tech value - and or have no serious negative expectations for the next quarterly figures. Because the 200 SMA was not only confirmed above in the last 3 months. No. A trend reversal formation also formed - at the same time below the 100 SMA. Therefore, everything is in there, if there are no serious grave negative news from the company. And or else the current political situation, which is basically putting Tech share under pressure, due to the political Covid panic.
But the USD 140 has to be tackled by us bulls first.
And new all-time highs, above $ 145 USD, must be defended, second.
So that something like a short-term upward trend manifests itself out of the medium-term sideways trend.
Even as i tried to explain. Hence a classic conservative tech share - with a tendency towards bullish prospects for the summer of 2021.
may the market price action is with U:
aaron
The technical picture of the share is not bullish, admittedly - there are already numerous other Tech shares that are already trading at new highs. But the picture looks promising all the more defiant. When we speak of a conservative tech value - and or have no serious negative expectations for the next quarterly figures. Because the 200 SMA was not only confirmed above in the last 3 months. No. A trend reversal formation also formed - at the same time below the 100 SMA. Therefore, everything is in there, if there are no serious grave negative news from the company. And or else the current political situation, which is basically putting Tech share under pressure, due to the political Covid panic.
- in the long term, I'm only bearish below 100 USD
- In the medium term, I'm only bearish again below 120 USD
- therefore basically remain bullish
But the USD 140 has to be tackled by us bulls first.
And new all-time highs, above $ 145 USD, must be defended, second.
So that something like a short-term upward trend manifests itself out of the medium-term sideways trend.
Even as i tried to explain. Hence a classic conservative tech share - with a tendency towards bullish prospects for the summer of 2021.
may the market price action is with U:
aaron
