Posts

BETTING ON APPLE STOCKS

avatar of @pouchon
25
@pouchon
·
·
0 views
·
2 min read

It may sound profound to delve into a company that is so unique in it business curriculum. So far Apple maybe the only company design the hardware and software of its products. The best out of everything, they work for their intended purpose. Quickly I want to say the price is exorbitant. Any serious competitor is price in a similar range. Now all we have is taste and use of case.

After the split after August of this year,
the news was clear that the stock will lose its flame. It went up all the way before the split and resumes on September at $128/share. Now it is trading after market at $116.

It is a clear downtrend knowing what this company is capable of. The real deal has to do with disruption in the market. Late iPhone release and not much traction right now. October should be the month where
you see head ways in the technology stock
for the last quarter before year end. Due to covid-19, political affairs
the economy is shifting due direction not common.

Far from reaching and bubbling excusing, the market will follow his trend. I did purchase some Apple stock in order to capitalize on the uptrend. I am hoping to see the price rise to $150 in order to get the upper hand. I am willing to hold on to them and
see where Apple will carry on and bring more innovations to their line.

5G is about to come to the party with iPhone. Yes, they are late but the party just started. Maybe the telecoms in the US was waiting for the
iPhone to start rolling the real deal. Even Samsung, LG, Oneplus had 5G got to wait for Apple to make the move.

By end of November the market will show its true color.
It will be full-fledged holiday and as always the phone companies
are doing their best to get the most of their customers. Even myself will be looking for a new phone. A friend did purchase my last year iPhone. So I am waiting for November to order it. Hopefully by then the stock could go up the scale. Timing is everything

Posted Using LeoFinance Beta