Apple IncLong
AAPL 6 month trend channel, 1 year trend line
AAPL has over corrected after the blow off top leading up to the 4 for 1 split on August 28th, peaking on September 2nd for a high of $138.54 ($554.16 pre-split adjusted). Since breaking below it's 6 month trend channel from September 16th till 9/28, AAPL is now back on track entering back into it's 6 month trend channel closing at $115 ($460 pre-split adjusted) Monday. My only concern is where AAPL 1 year trend line intersects it's 6 month trend channel near $120. All in all, with a market cap of 2 Trillion, AAPL is a company you want to invest in and hold till retirement, not really much of a stock to trade. If you owned $100 dollars of AAPL shares when it went public on December 12th 1980, it would be worth 100k today. Apple's stock has split four times since with a split adjusted open price of 39 cents each.
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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.