What's up friends,
In my last analysis, I laid down my opinion that APPL wasn't going to do that well in the coming years. It has since faced a 20% decline.
This post contains two elements: 1) the technical 2) the fundamental
1)
You can see a large gap that has yet to be filled in the 120s. This is where I'd have my bids if I was trying to catch the falling knife.
2)
Based off of its PE ratio and other fundamental metrics, APPL looks like a nice buy at this point. I would probably start DCA-ing now. With a 2% dividend and tons of cash on hand, they are still a very strong company. They aren't going anywhere. This is now starting to look like a stock that could offer massive returns over the coming decade.
Good luck!
-YoungShkreli
In my last analysis, I laid down my opinion that APPL wasn't going to do that well in the coming years. It has since faced a 20% decline.
This post contains two elements: 1) the technical 2) the fundamental
1)
You can see a large gap that has yet to be filled in the 120s. This is where I'd have my bids if I was trying to catch the falling knife.
2)
Based off of its PE ratio and other fundamental metrics, APPL looks like a nice buy at this point. I would probably start DCA-ing now. With a 2% dividend and tons of cash on hand, they are still a very strong company. They aren't going anywhere. This is now starting to look like a stock that could offer massive returns over the coming decade.
Good luck!
-YoungShkreli
Note
Up a cool 33% if you took the trade. All in under 4 months :)Note
Also, lol Tim Apple. Should have made an update when trump said that.Note
up 43% damn this looks nice
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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.