Trader Blog

Apple (AAPL) Heading upwards until Q2 Earning Season

  • Admin
  • Equities
  • 0 Comment
Jun03

AAPL has reached its previous high. Price should break upwards as the market continues to rise for the next 1-2 months. Should it fail this current level, we could see AAPL down to around $230 as there is no support before that. Given that AAPL is  a very strong company fundamental, the likelyhood of AAPL falling whilst the ma...

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Facebook (FB) already made a New High - expect to continue upwards until Q2

  • Admin
  • Equities
  • 0 Comment
Jun03

FB has made a new high despite the pandemic. Given the cut backs in advertising by businesses, they should report quite badly come the next earning season, which should take its price tumbling down again. If FB fails this resistance  it could tumble back to support at 180 which is a 20% fall.

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NASDAQ posied to make a New High as we come out of Lock Down

  • Admin
  • NASDAQ 100
  • 0 Comment
Jun03

Nasdaq has recovered the best out of the broader markets, DJ30 and SP500. It looks like the tech index is peaking, and MACD showing divergence. However this isnt validated by RSI showing divergence. It seems Nasdaq will make a “new high” in the midst of the pandemic.

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