AAPL Long...Possible breakoutThis chart I quickly drew for myself a while back. Any more information or explanation please just leave comment.
With the US Vaccination numbers compared to other countries I would definitlly trust the US companies the most while other countries still struggles with getting Covid undercontrol. We all saw what the market does when lockdowns are announced so for me right now as South African, all my holdings is within the US economy and exchanges. I think Apple is the perfect low risk value and growth stock for those looking to put their gains of last year in more stable holdings, big money such as ARK uses Apple and other FANG stocks as liquidy pools for their cash... Its stable and realisticly Apple has given almost alll investors to date great gains and with M1 as their start for apple silicon. People don't relize the margin gain Apple is making due to their in house silicon. The current ecosystem has already proven to be a sticky mess to get out, Apple silicon just closes the loop now from hardware to software. As far as I remember this is and was always Apples main goal, Software and hardware optimized for each other and Apple now finaly has that to their macs.
What news am I waiting on? The new 14inch Macbook pro and the current 27 inch imac replacement. That will give this company a greate upside to its current share price.
My 1 year target is around $155-$180
New all time high could come sooner and I won't exclude $200 a share.
Thanks Everyone
