TraderG2

AAPL $ Reflection

NASDAQ:AAPL   Apple Inc
395 views
1
Very basic thoughts on AAPL trend line .

Comments

They are not going to keep this trend, i am sure.
Reply
TraderG2 MisterA
It's questionable as to how long they can keep their growth, from a macro POV it will have to slow down . Fundamentally, they still have a PE of ~14 below the tech average of ~16, and from the technicals, there is heavy upside.
Reply
charttrader TraderG2
Tim posted interesting idea comparing GE and AAPL historical performance:
Will see how it goes.
Reply
TraderG2 charttrader
that's an important observation. It will come down to their revenue growth, and market dominance. Top Gear's a favorite show by the way.
Reply