mistertomlinson
Long

AAPL pennant breakout at ER?

NASDAQ:AAPL   Apple Inc.
256 1 3
I had originally hoped for a flag for a lower risk entry, but this would still be a good place to enter. Measuring implications would suggest ~$153 in early June. My only caveat: major index technicals look really bad, so I wouldn't expect this breakout to hold up in a down market.

Apple's ER would be the catalyst. Considering the iPhone 6's success in China last Q, I would expect Chinese New Year to fuel the revenue beat. Buyback program update will be addressed in the conference call. Considering Apple             has ~$190 billion on the balance sheet , it could be time for a significant dividend increase as well. And let's not forget the Apple             Watch. I think most expectations have been surpassed.
I agree with you on this... Mainly hangs on the ER.....
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out