theopportunist_trader
Long

First 1 trillion dollar company

NASDAQ:AAPL   Apple Inc
There have been many disputes over the first 1 Trillion-dollar company. Many say it is Google             or Amazon - on the other hand, I say APPLE             . The market capitalisation is calculated by (share price X shares outstanding). Currently, APPLE's shares outstanding is 5.09B, so in order for the company to get to 1 trillion dollars, the price would need to reach $196.50. That’s a 14.1% increase from current prices. AMZN             requires a 107% increase to reach 1 trillion. GOOG             requires a 167.90% increase. So APPLE             is the closest. Also, APPLE             is currently in a flag pattern . The RSI is in the middle so there’s a chance for a price rise to overbought. Also, the volume peaked at the start of the flag and has been gradually falling, this further enforces the flag pattern , in addition, the 50 MA is providing support to the stock at the bottom the of the stock. The stock initially broken the flag pattern but then rebounded, this could be potentially showing a rapid rise in price in the future. However, the Coppock curve is going negative, so there may be a pullback before a rise.


EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out