Since July, 2023
AAPL has been a laggard during a huge uptrend powered by developments in AI.
It definitely was not a place to put money in, at least for trend-following traders.
Currently
AAPL form what is called dead-cross, with its MA-50 crossing down MA-200. I think, the stock might goes down further from here, although I never short any stocks.
What I am doing now is follow the strongest stocks at their new high, those are outperforming the overall market.
Regarding
AAPL I am definitely keep an eye on this stock to participate in its comeback journey.
The stock is trading below all its key moving averages MA-50/150/200 right now. A move crossing up the lowest of these MA will be my first entry point.
It definitely was not a place to put money in, at least for trend-following traders.
Currently
What I am doing now is follow the strongest stocks at their new high, those are outperforming the overall market.
Regarding
The stock is trading below all its key moving averages MA-50/150/200 right now. A move crossing up the lowest of these MA will be my first entry point.
Trade active
On March 20, we entered the stock as it crossed up its moving average MA-20. See the related ideas section below for detailsDisclaimer
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.