Is It Time To Get Back In On Apple Stock?
As an investor, I’ve gotten in and out of Apple stock. Most of the time I reap nice profits.
But, with 2016’s turbulent volatility, in part thanks to a vile Trump campaign that incited a LOT of negativity AND uncertainty for America’s future, it’s been quite hard to invest in stocks in 2016.
At least from my experience, I’ve had a rough time, and with a portfolio of outstanding blue chip stocks and tech stocks.
But it looks like Apple might be on the verge of a major comeback, and the t-line analysis points to a nice uptrend (and already we are seeing signs of that in the charts).
So, here’s my latest charting which indicates a nice t-line to the uptrend. But, I’m still very cautious (especially with today’s current volatility).
A Couple of Apple Charts
As you can see, the recent two day chart looks promising. We see a nice t-line (blue line) in the intraday chart.
And the 3 month chart looks good, as the t-line (blue line) crosses above the 50 day moving average near the end of the chart. To me, this is the real indicator that the stock could be on an uptrend.