do not expect a positive ER.Careful about the guidance...4th qtr is the worst
AAPL
- Thread starter Phill Twist
- Start date
This quarter surely won't be worse than the previous one.
bullish if it opens > 99.52, resistance @ 100.44, support @ 98.91
Apple (AAPL) is slowly starting to show signs of life. Apple is now a strong buy below $90. Resistance will be located up at $105.
Actually it can. Previously, because of high sales number in China Apple was reporting strong numbers and stock was rocketing up. Now, because of the same China (unofficial war against Apple) it could get pretty "ugly" for Apple, especially taking into account that iPhone is the main source of Apple revenue. I am not sure whether we can trust this chart (found on web) but according to this chart, global iPhone sale dropped from 75M to 51M in Q2
Earnings tomorrow, to test down-trend line above or support level below... We'll see.