Being Bullish on Apple is like saying the sky is blue
I've been curious about the top stocks lately and APPL / TSLA feel like the only things driving the Nasdaq into space. After the last set of earnings were posted the bulls charged out of the gates towards a stock split. Now that the stock has split, I foresee some traders taking some profits here, but the volume reflects more bullish activity.
I do not trade APPL, the returns at this point do not outweigh the profit that can be earned elsewhere. Apple will continue to bull, however a correction may be due soon.
I do not trade APPL, the returns at this point do not outweigh the profit that can be earned elsewhere. Apple will continue to bull, however a correction may be due soon.
Note
I didn't trade this call. I made this chart in the same mindset as my coworker.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.