Aapl - Apple

Discussion in 'Investment Charts' started by longtermbull, Mar 22, 2017.

  1. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    542
    Likes Received:
    8
    This is a difficult one because I think the fundamentals are not good for the company in the short term but maybe it has just been swept along on a renewed interest in tech shares? Chart wise we are approaching breakout area so if you believe the charts tell the "real" picture, a significant break upwards would be extremely positive. I am not convinced.
     
  2. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    381
    Likes Received:
    6
    Looks to me like the shares are struggling to pull away from recent highs. Maybe the Apple star is fading a little more?
     
  3. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    381
    Likes Received:
    6
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,179
    Likes Received:
    20
    Hefty fall today after a warning of reduced revenues from one of Apples tech partners - while not named, it looks as though Apple has reduced orders for specialist facial recognition products. A sign of weakening demand for the new iPhone?
     
  5. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    381
    Likes Received:
    6
    If there is one company in the world which stands head and shoulders above the rest when it comes to managing expectations it has to be Apple. Without uttering a single word the company has indicated to the market, yesterday via a supplier, that iPhone demand may not be as strong as people initially thought. Is this true? Will the company reduce expectations at the next update?

    Apple also has a habit of surprising on the upside. Check the history of the company and you will see this time and time again. Let’s not forget the company is only back to levels seen in August having hit an all-time high in October. Not really a collapse?
     
  6. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    152
    Likes Received:
    1
    There seems to be a level of support around $180. Watch this closely as Apple very rarely fairs to deliver in the end. I wonder what life holds after the iPhone has finally been milked to the end of its life? Whenever that might be.
     
Tags:

Share This Page