chiefwils0n
Long

Bullish Pennant. Target $455

NASDAQ:AAPL   Apple Inc
I'm still bullish on AAPL , largely based on the bullish pennant that formed on the 15m chart.
Comment: Target 1 ($455.14) reached. Next Target is $469.

Comments

hopefully I didn't jump in too late but what are your predictions for next week? still bullish or is it now bearish
Reply
@fabudu3, I think you'll be fine next week. For traders to take advantage of the 4:1 split, they have to have the shares by 24 Aug (Monday) and hold them until 28 Aug (Friday) in order to receive the split. This indicates huge accumulation until Aug 31 (Monday) wherein some traders may take profits while the stock price is high. The chart below indicates strong bullish sentiment
Reply
fabudu3 chiefwils0n
@chiefwils0n, sounds good thank you for the feedback
+1 Reply
fabudu3 chiefwils0n
@chiefwils0n, does it matter if I buy my shares before end of day today? Or must I hold it all day starting market open today
Reply
@fabudu3, no sir. You can buy shares all week, prior to the split and still receive (4) shares after the split on next Monday.
Reply
fabudu3 chiefwils0n
@chiefwils0n, thank you.
Reply
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