I had originally hoped for a flag for a lower risk entry, but this would still be a good place to enter. Measuring implications would suggest ~$153 in early June. My only caveat: major index technicals look really bad, so I wouldn't expect this breakout to hold up in a down market.
Apple's ER would be the catalyst. Considering the iPhone 6's success in China last Q, I would expect Chinese New Year to fuel the revenue beat. Buyback program update will be addressed in the conference call. Considering Apple has ~$190 billion on the balance sheet, it could be time for a significant dividend increase as well. And let's not forget the Apple Watch. I think most expectations have been surpassed.
Apple's ER would be the catalyst. Considering the iPhone 6's success in China last Q, I would expect Chinese New Year to fuel the revenue beat. Buyback program update will be addressed in the conference call. Considering Apple has ~$190 billion on the balance sheet, it could be time for a significant dividend increase as well. And let's not forget the Apple Watch. I think most expectations have been surpassed.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.