Have a good weekend traders.
Targeting 3T USD
Apple reached first trillion market cap after 42 years.
Apple reached two trillion market in 2 years
And now in just 16 months Apple can add another 1T market cap.
Technical,
Apple in overbought zone
Apple trading out of bollinger bands.
RSI showing a negative divergence
MACD same with RSI
P/E ratio historically at top
Conclusion;
Apple might be really hit 3T market cap but with these indicators how long it can stay there.
A little bit more room but expecting a major correction.
Stay Safe
Targeting 3T USD
Apple reached first trillion market cap after 42 years.
Apple reached two trillion market in 2 years
And now in just 16 months Apple can add another 1T market cap.
Technical,
Apple in overbought zone
Apple trading out of bollinger bands.
RSI showing a negative divergence
MACD same with RSI
P/E ratio historically at top
Conclusion;
Apple might be really hit 3T market cap but with these indicators how long it can stay there.
A little bit more room but expecting a major correction.
Stay Safe
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.
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.