What's up friends,
In my last analysis, I laid down my opinion that APPL wasn't going to do that well in the coming years. It has since faced a 20% decline.
This post contains two elements: 1) the technical 2) the fundamental
1)
You can see a large gap that has yet to be filled in the 120s. This is where I'd have my bids if I was trying to catch the falling knife.
2)
Based off of its PE ratio and other fundamental metrics, APPL looks like a nice buy at this point. I would probably start DCA-ing now. With a 2% dividend and tons of cash on hand, they are still a very strong company. They aren't going anywhere. This is now starting to look like a stock that could offer massive returns over the coming decade.
Good luck!
-YoungShkreli
In my last analysis, I laid down my opinion that APPL wasn't going to do that well in the coming years. It has since faced a 20% decline.
This post contains two elements: 1) the technical 2) the fundamental
1)
You can see a large gap that has yet to be filled in the 120s. This is where I'd have my bids if I was trying to catch the falling knife.
2)
Based off of its PE ratio and other fundamental metrics, APPL looks like a nice buy at this point. I would probably start DCA-ing now. With a 2% dividend and tons of cash on hand, they are still a very strong company. They aren't going anywhere. This is now starting to look like a stock that could offer massive returns over the coming decade.
Good luck!
-YoungShkreli
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Up a cool 33% if you took the trade. All in under 4 months :)
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Also, lol Tim Apple. Should have made an update when trump said that.
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up 43% damn this looks nice