Monday, May 07, 2018 12:19:41 PM
Shares of Apple Inc (AAPL) have soared in the past week, jumping over $25/share. This was a double whammy move. First Apple reported better-than-expected earnings, then Warren Buffet told the world he bought $75 million shares of Apple in the last quarter. While it is definitely great news for the biggest company in the world, the chart is now screaming 'overbought'. There is a great short swing trade on Apple at $187.50. The stock is tagging its upper trend channel range and will likely see a near-term pullback to $179.00 in the next week. See the chart below.
Gareth Soloway
InTheMoneyStocks
Recent AAPL News
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
