Watch 160 closely, followed by 155/156; these are the levels that should provide support. 160 beautifully happens to be around 100 day EMA, 0.5 FIB and right at TL retest, all enough reason for a bull bounce ahead of earnings that will dictate the longer term direction. Ugly H&S formation on the daily is noticeable and is cause for concern.
Is Apple in a bubble? Is it overvalued? Judge for yourself.
Apple PE Ratio as of January 21: 28.90
PE Ratio Range in the past 5 Years:
Minimum: 11.69, JAN 3 2019
Maximum: 41.80, DEC 28 2020
Average: 22.51
Median: 18.93
Is Apple in a bubble? Is it overvalued? Judge for yourself.
Apple PE Ratio as of January 21: 28.90
PE Ratio Range in the past 5 Years:
Minimum: 11.69, JAN 3 2019
Maximum: 41.80, DEC 28 2020
Average: 22.51
Median: 18.93
Nota
Another killer call! 30 cents off my 155 floor and bounced more than 12.5% given the fundamentals have never been stronger despite all the inflation and rate-hike fears.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.