Just a small bullish run
Given the present market and the possible rate hikes, we should not be aggressive in the 
AAPL stock... it's not time to be aggressively bullish!
- At best it's a trade...
Expectations:
1. A small testing of proposed resistance as noted on chart.
2. a reversal and consolidation right around highs of channel.
Important details from transcript:
"As I mentioned, we reached an all-time revenue record of $19.5 billion, up 24%, with all-time records for cloud services, for music, video, advertising, and payment services, and a December quarter record for the App Store." Noted, Luca Maestri (Chief financial officer)
It's absolutely, crazy that they reached all time records in a time like this given the shortages and possible rate hike news. and also it just capitulates the room or possibility of growth.
Additionally, When you compare Apple YOY profit increase, they are actually slowdown quite significantly.
"2020-2021 was 35% annual increase. 2022Q1 is only 10% increase compare to 2021Q1"
Lastly, the point I'm trying to make here is this continued growth has probably met it's top and will only decline from here. To support this claim, let's here was the CFO from apple says, "We expect our revenue growth rate to decelerate from the December quarter, primarily due to two factors." Said Luca Maestri.
AAPL stock... it's not time to be aggressively bullish! - At best it's a trade...
Expectations:
1. A small testing of proposed resistance as noted on chart.
2. a reversal and consolidation right around highs of channel.
Important details from transcript:
"As I mentioned, we reached an all-time revenue record of $19.5 billion, up 24%, with all-time records for cloud services, for music, video, advertising, and payment services, and a December quarter record for the App Store." Noted, Luca Maestri (Chief financial officer)
It's absolutely, crazy that they reached all time records in a time like this given the shortages and possible rate hike news. and also it just capitulates the room or possibility of growth.
Additionally, When you compare Apple YOY profit increase, they are actually slowdown quite significantly.
"2020-2021 was 35% annual increase. 2022Q1 is only 10% increase compare to 2021Q1"
Lastly, the point I'm trying to make here is this continued growth has probably met it's top and will only decline from here. To support this claim, let's here was the CFO from apple says, "We expect our revenue growth rate to decelerate from the December quarter, primarily due to two factors." Said Luca Maestri.
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