Apple AAPL 207.99 has begun a parabolic move to the upside, on it's recent breakout above 195.
The company this past week was awarded a market value of over 1 TRILLION DOLLARS,
has more than doubled in valuation over the last few years, a stock today that traded 43 million shares !
Apple is a part of the Dow Jones Industrial Average, as well as key component of the Nasdaq 100,
so it's bullish parabolic advance will only add fuel to a further advance in both of those averages.
It's hard at this point to say when,.. or at what price,..Apple's ASCENT will ultimately end.
For those with an appetite for RISK one might want to trade size a bullish position in the stock, using 195 as a GTC STOP.
THE_UNWIND
The company this past week was awarded a market value of over 1 TRILLION DOLLARS,
has more than doubled in valuation over the last few years, a stock today that traded 43 million shares !
Apple is a part of the Dow Jones Industrial Average, as well as key component of the Nasdaq 100,
so it's bullish parabolic advance will only add fuel to a further advance in both of those averages.
It's hard at this point to say when,.. or at what price,..Apple's ASCENT will ultimately end.
For those with an appetite for RISK one might want to trade size a bullish position in the stock, using 195 as a GTC STOP.
THE_UNWIND
Note
Update: Liquidate Long Positions in APPLE Immediately. See my new Post 8/6/18 Open Short Bearish Positions on Apple, on any additional price advance.
THE_UNWIND
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.