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.
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.
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 details
