🔸️Ticker Symbol: AAPL 🔸️Timeframe: Daily 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: AAPL is moving very quick...almost too quick. In the past 2 months AAPL stock has risen roughly 37% in value. If you take that same percentage increase and apply it to the latest run up on Jun 3rd,2021 that same percent increase took approx. 180 days. That's 3 times longer than the current bull run. Is this sustainable or are we going to see one massive selloff. Leave your comments below.
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yes 160 level lines up with 200 ma lets PUT this baby 9/2 162 strike!
TrendsiTrades
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@Hansdolo83, I alerted the $155 strike 9/16 Exp PUT to my discord and currently up 8.75% this morning. Let's bank!
hendog73
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I agree
TrendsiTrades
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Your welcome! Thanks for commenting.
JoeChampion
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Sweet, thanks for sharing!
TrendsiTrades
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@JoeChampion, Anytime, I do stock analysis every day!
MonetaryRebel
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The recent run up in price looks like a big hockey stick. Should see a strong break out of the formation. China is stopping Apple's supply shipments for "Added Inspection" since they say made in Taiwan on their products. Now they might change them to appease Xi. Also 50% of Apple's supply chain is in mainland China and another 15% is easily controlled on the west side of the South China Sea which China is claiming as its territory against the UN's decision. Xi could literally take down Apple at any time and he would cripple them as they scrambled to get other factories up and running. Apple is highly exposed and overbought. apple.com/supplier-responsibility/pdf/Apple-Supplier-List.pdf