TL;DR: There is no more earnings hope now. This bull retrace could end anytime if there is a broken trend sign.
We broke the pitchfork on Thursday and had a strong resistance on Friday. Meanwhile, the volume keeps at relative low level. This indicated the little bull trend on Friday was because most bears are waiting. If there is no news input to the market,...
As one of stocks that are significantly impacted by COVID, AHT price seems to be stable at current level (even if the market went down this month). Given that the last earning report looks good to me, I would open long as soon as this market correction ends.
Besides the general trend analysis, there are some technical supports:
resistance level 14.00 had been...
Apple is great. The stock price would go up for sure in a longer term. However, the recent volume doesn't look good to me. As the company that has the largest market cap, the recent volume shrink might also imply a possible correction of the whole market.
Short reasons:
The accumulation of recent stock market gains
Shrinking volume while the price remains...
