Buyers remained in a full control any improvement in the market may result a push to next resistance $123
AAPL
- Thread starter Phill Twist
- Start date
The bulls though seem less energetic last few sessions recent bullish resurgence still has some power left but the limping is over now.
Game plan today, shorting and going long on 1000 shares each at 120, cover at 119.95 sell at 120.05....repeat. Will make $50k
I anticipate continued time-to-time declines on revenue and net income, but they may 'beat' sandbagged guidance, especially with huge buybacks. Lots of smoke and mirrors can be used to cover up the fact they remain over dependent on a single product in a saturated market.
Cook is going to smash numbers tomorrow just because he's not letting a madman roll this company over. Should be fun
Bearish Descending hawk which seems formed today could be a misleading. So, don't read that much about this bearish pattern after ER.
Food for thought. If Trump announces a tax repatriation bill this upcoming week. This explodes. It's a matter of when, not if.