Apple Buy Signal at Technical Breakout

about 2 months ago

Ed Carson

"So that's just a big windfall. I mean, it's not going to change the numbers, but the fear was that they were going to lose that money. So even for Apple, $20 billion is a lot of money. And so that cleared this buy point at 235.12. That is a legitimate handle. It's a classic technical breakout with volume picking up the pace."

The discussion highlighted Apple's resilience amid antitrust news involving Google, noting that the continuation of the search deal supports revenue. The stock cleared a definitive buy point of 235.12, remaining within a 5% zone of the pivot. Investors are advised to consider entering a long position due to the technical breakout and sustained volume momentum.

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