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AAPL: A Bubble in the Making (One Month Later)

BATS:AAPL   APPLE INC
1779 2 1
After my macro analysis of AAPL             reaching all time highs, it seemed difficult to believe I was saying AAPL             was a bubble, when it was trending to become the first trillion dollar company. Like all bubbles, I know people vastly misunderstand exponential growth, and why it's unsustainable. Short and sweet, last month AAPL             was above 700$, and I noted that over the past 10 years or so, AAPL             had an annual growth rate of roughly 35%. That number was staggering, and is highly unsustainable. And here we are...down over 20%, the largest correction since 2008.

Chart from 1 month ago:
APPL: A Bubble in the Making

Algokid PRO
4 years ago
Your chart capture what i've been saying to my partners for months now, AAPL is running on fumes. Declining volume and rising stock, usually not a good sign. thank for sharing this
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yalo
4 years ago
very good analysis, you can give a price to buy? TG?
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