Back on the saddle again... :)
I think we were too fast to call on the rally. The market was in a different state of mind and the great ER numbers reported were faced by a wall of investors cashing out their portfolio. Can't blame them we did something similar, but only reduced it to 25%. Now, we have procrastinated a little bit here. Apple is a stock that we don't pay much attention because we almost always own it and we know where it is heading. So we let it go. It really hasn't been doing much since March. And when our Limit Sell triggered In May, we looked at our portfolio and just smiled and turned out head to Cybersecurity, Mining, Oil, Solar, etc. But now I think Apple deserves a little more attention.
It has found support at the 50 MA for quite a while... Two months to be specific. That is a super strong bullish signal. We just received news of more buyback and new products in the pipeline. All of the ACTUAL FACTS and NEWS along with the Chart technicals makes us into believers again. And we should Buy... hard... here...
It has found support at the 50 MA for quite a while... Two months to be specific. That is a super strong bullish signal. We just received news of more buyback and new products in the pipeline. All of the ACTUAL FACTS and NEWS along with the Chart technicals makes us into believers again. And we should Buy... hard... here...