I have been following
AAPL
for a long time but have not bought it because it has been a laggard during the AI-powered uptrend since November 2023. You can see many of my posts regarding this stock in the related ideas section.
Situation might be changing now...
Following the earning reports with a huge buyback plan on May 2, the stock gapped up above its MA-200 and has been staying above until now.
The MA-50, although is still under MA-200, but started moving up.
The relative strength line has been moving up since April 10, before the overall market correction, and has been steadily going up.
Therefore I started to buy
AAPL
here, with an expectation that it will make new high some time this year.
AAPL
for a long time but have not bought it because it has been a laggard during the AI-powered uptrend since November 2023. You can see many of my posts regarding this stock in the related ideas section. Situation might be changing now...
Following the earning reports with a huge buyback plan on May 2, the stock gapped up above its MA-200 and has been staying above until now.
The MA-50, although is still under MA-200, but started moving up.
The relative strength line has been moving up since April 10, before the overall market correction, and has been steadily going up.
Therefore I started to buy
AAPL
here, with an expectation that it will make new high some time this year.