AAPL (Apple Inc) Anallysis 18 Feb 2018
If we take a look at Apple stock performance on the 3-hour. We will see that there was a huge retracement. Although I believe this to be temporary. I believe in Apple and its goals. But what does just providing jobs to the economy do for Apple and it's lacking innovations so far. Retracement Fibonacci sees Apple have a modest chance of growth in spite of recent U.S market behavior of its traders. I ultimately see the stock falling to $168 in March due not just because it had a few scandals like slowing down old systems. But because of a strong USD. Their $.63 payout per share has increased over previous years where stock dividend payouts were between the $2-$3 range. I hope to see Apple continue to innovate and maintain the value of its stock price. I see Apple performing astronomically over the long term (5 Years).
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