AAPL
has showing tremendous growth since 2003 with 1 dollar on each share. Which mean
AAPL
has giving the investor a 228x return ever since in 15 years. The fundamental behind is amazing. Great team, operated by passion and premium products make this company as one of the best in the world. Which make sense by any means,
AAPL
will continue it's growth by the time. The technical analysis behind it is APPL right is just overbought. RSI indicator shows us this level 230-228 already jump off the roof. Even tho it's not a maximal point at this level, since it can be touch psychological level @ 250 for each share, we're looking for retracement around 220 and 215 in Q3 or Q4. This retracement will give a cooling down effect as the healthy market price can continue to another level which will be followed by next analysis.
Which that being said, we're long with 250 resistance and waiting for the next dip.
הערה:
Dipping...
הערה:
Dipping
Dipping