Apple is making new all time highs today. The stock now has a monthly RSI of 80 which is indicating overbought conditions on the long term chart. I don't believe now is the time to be a buyer of Apple for the long term. The time to buy stocks are when others are despondently selling.
Do you believe that apple will go down under 450 ?
Robertlesnicki
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@tham6071, Anything can happen in the short term. Longer term I believe the stock may come under pressure, as monthly RSIs of 80 are generally hard to sustain.