Please share, comment and like this post as it helps support me and you with earning money and now let us get to the chase! After the smashing first quarter, why did AAPL sell-off? Well, it is because it was the last chance for institutional investors and other big AAPL owners to get out. Will this mean that AAPL will go down even more that there is a selloff? Well maybe. I believe that AAPL is currently a buy as it has reached back to normal territory on the RSI being fair valued and the wedge pattern is showing that it may break out as long as they stay I the wedge. The stock did not go below the 50,100,200 moving averages indicating, it still has strength for one more squeeze to the moon. I believe that it as an AAPL investor myself, This is a good time to load on some shares but not too much as the price may go down. Overall, I think it is most definitely a buy for me as plans to make the Icar can be a major catalyst and also in AAPL earnings call, Tim Cook said that he is designing something special for AAPL but that is just speculation news which may come true. In summary, AAPL is a buy right now but don't go yoloing on calls and puts unless you are sure of your prediction. WARNING! This is only my opinion and since investing is risky, take my prediction with a grain of salt. Anyways, happy trading and let us get AAPL to the moon!
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I am not a financial adviser and this message is meant for analysis and invest at your own risk!