dchua1969

Piggy back on Warren Buffet's trade idea

Long
dchua1969 Updated   
NASDAQ:AAPL   Apple Inc
Read the whole excerpt here

key points :Apple is Berkshire Hathaway’s third largest holding behind insurance and railroads, Buffett said. He called the company “probably the best business I know in the world.” Berkshire owns roughly 5.5% of the business, he said.

In other words, I am riding on the expertise of the world's best investor and finding opportunity to buy more.

ON the 1H chart, we see two support levels that AAPL can revisit. The lower , the better so we can buy cheaper.

Let's see how it performs tonight !

Note : Imagine once the Apple retail stores are re-open back in China and things are returning back to normal and consumers are throning the streets again, won't they revisit a familiar brand they like ?

And the best part, AAPL need not dangle any carrots to lure more to buy, its brand equity and cloud of followers are loyal and simply buy more and more.
Comment:
moving nicely , hope it rebound soon
Comment:
should you be happy that it dropped even more ? Of course, if you are planning to add more or buy in for the first time. Not really if you are holding it as your profits are reducing.......
Comment:
buy low sell high. this is a good low for me to accumulate.
Comment:
283.65 is acting as an important level of support here and thus far, it has held well. The last candle was a bullish one and should be going higher than 291.87 next week.

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