Apple IncShort
Long term trend on AAPL since 2009... will it go south again?
Apple fundamentals tells us that the company is doing very well. However twice in the past the stock have experienced a sudden drop, disconnected from earning results and real world performances, when rising higher than a trend-line that start in 2009 when investors finally get interested in AAPLafter the iPhone success.
This phenomenon was pointed out in my previous charts (see link below) and is observable independently of the scale used so I used weekly bar on this one.
AAPLafter the iPhone success.This phenomenon was pointed out in my previous charts (see link below) and is observable independently of the scale used so I used weekly bar on this one.
Related publications
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.