Going short on Apple here. By far the most overvalued company in the stock market right now, with a 2T market cap. Below I will mention multiple indicators suggesting Apple will go through a big correction in the upcoming months: 1) Apple's P/E ratio is 22.57 (Stock is approximately priced in 22x it's actual worth) 2) Chart looks very bearish, with the...
APPL is heading to test the previous high. Be aware, and if you do not have this stock, let's wait for the breakthrough. It would be best if you also watch the UPTREND trendline. If we break it, we are going lower. The date for the dividend payout is close. Declared Record Payable Amount Type January 27, 2021, February 8, 2021, $0.205 Regular Cash
Apple is currently retesting the all-time-high breakout zone. If you're looking for an entry with a close stop loss for Apple, this would be the moment you would enter the market. Given that we just reached a new all-time-high by overcoming MAJOR resistance, the chance of us breaking to the upside and continuing to make new all-time-highs is very likely. The...