Apple has smashed earnings 2 quarters in a row, Warren Buffet has about 45% of all his stock holdings in apple (which isn’t a big deal but I find interesting) and he has recently admitted he made a mistake by selling some apple... with all this good news and with 2 wildly successful quarters in a row, share holders have not been rewarded and it has been frustrating... It will be a horrible time to sell given this info and the valuation on apple is very cheap in my opinion that’s why I feel it’s the best place to be in the market especially now... please see the trend line I drew on the chart, I am not worried at all even today when apple is down 4%, I will only start to worry if the trend line I drew is breached (even then I won’t sell, only continue to add as I am a long term investor with apple.)... so do not panic, and keep your eye on that support line, don’t get emotional and let the news or CNBC clowns or internet fools spook you, this is one of the best places to be in the stock market, and at these prices it will be crazy to sell... good luck, stay strong, and keep your eyes on that trend line
I'll give likes and respect for your game plan..I'm on the side and looking in, so my perspective is a little different..
I'm neither bull or bear, just report what I see and if I had a case for the bulls I would present it.. after last ER and was expecting a break to 160..that caused the fake break out at 145, that pretty much sealed it for me..I had my doubts then it would make it to160 but kept a bull case..now I only see the gap that need to be filled.
I'm neither bull or bear, just report what I see and if I had a case for the bulls I would present it.. after last ER and was expecting a break to 160..that caused the fake break out at 145, that pretty much sealed it for me..I had my doubts then it would make it to160 but kept a bull case..now I only see the gap that need to be filled.