Apple: Don't Over-Complicate it
AAPL - KEEP IT SIMPLE. Tips on the chart.Here's one that I've never posted about. Apple is an amazing company with growing revenues even though they're the worlds most valuable company. They are no longer just a hardware company and the stock now trades with the services sector as a large portion of revenues. In the event that the stock trades lower on fears that company cannot meet demand due to supply constraints out of China, I'll look for price action at the indicated levels to start a position. The $255 - $275 level would be an absolute gift to the long term investor and I will quite literally back up the truck and overweight the company in my personal portfolio.
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