The top it is - back in 2012, stock made a new high, but relative strength did not - and, guess what, went on to lose 40%. Back then there was talk of Apple TV and $1 trillion market cap.
Now, we see another new high, but RS doesn't make a new high. And, there's again talk of $1T and Apple Car.
So, keep your powder and then you should be able to get back in at $80.
Sunday, February 22, 2015
Wednesday, February 18, 2015
AAPL : Ominous Signs
Forget trading - if I'd just bought AAPL at 400 2 years ago and held on, I'd doubled my investment.. Hell :)
Now, some parallels to what happened then to drop the stock from 700 to 400 :
Then : Apple's doing great; they might announce the Apple TV soon.
Now : Apple's doing great; they might announce a car soon.
Then : Apple might get to $1 trillion in market cap.
Now : Apple might get to $1 trillion in market cap.
Now, some parallels to what happened then to drop the stock from 700 to 400 :
Then : Apple's doing great; they might announce the Apple TV soon.
Now : Apple's doing great; they might announce a car soon.
Then : Apple might get to $1 trillion in market cap.
Now : Apple might get to $1 trillion in market cap.
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