Apple Inc
Короткая

Apple > Rare Trading Opportunity to A Short the Stock!!

Обновлено
Analysis of #APPL

While the FX market looks boring this week I thought I do something I have not done for a couple of months, which I really love dearly, analyzing stocks.

Apple, is my favorite stock and the first stock I have put in my portfolio, however, I sold all my stock at 300 beginning of this year just before the drop in the stock market, my first buy was around 50 and kept adding throughout the years, after the drop during march I thought I was a genius to sell at the top anyway I purchased again after it dropped to 230, sold it back at 325 I thought it was rich, clearly, I was wrong the share rallied another 40%

>the reason am telling this story cause I want to say I have experience with this stock and I believe there isn't enough upside left in it and the risk is to the downside.

I believe this share could fall to around 325$ and could bring with it the whole market and here is why.
1-whenever RSI reach this level the stock will drop 25% or more happened 7 times out of 8 since 2007
2-PE 35 very very rich
3-Trailing PE 35 also rich
4-Forward PE 29 way above the historic level

not to mention the way this share moved vertically always comes back down vertically, what would be the trigger I don't know, but will see

-Do not forget to comment below, and if you like it then smash the like button 😉⠀

Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You⠀
Заметка
AAPL REACTED FAVORABLY TO SUPPORT
Chart patternsEarningsGrowthValue

Мои профили:

Похожие публикации

Отказ от ответственности