Apple is UNDERVALUED, has developed a very nice rounded bottom and it is BREAKING OUT
Buffett said: "Nothing can stop America -- The United States has capacity to withstand crises." He sold his losers, one small position he had on Airlines (4 Billion) and kept his winners such as Apple. Apple (AAPL) is by far the TOP holding at Berkshire with +76 BILLION invested. -- This is a time for money managers to start BUYING leadership stocks that are UNDERVALUED and that are offering a good entry point.
[AAPL] APPLE Inc [cash][candlestick][pattern series] -- TF = H4 -- APPLE BEATS THE EARNINGS ESTIMATES AND IS BREAKING OUT -- APPLE Inc. CUP and HANDLE BREAKOUT -- Let's take one more look at the chart of Apple -- Apple [AAPL] has developed a very nice rounded bottom and a handle -- When we look at the 'CUP' we realize that the CUP is indeed very deep. That suggests that one BIG RALLY is only at its beginning stages and only starting to develop for Apple Inc [AAPL] after this very nice BREAKOUT and GREAT quarterly earnings. Apple is also TRADING ABOVE ITS MA20 + MA50 AND MA200 -- STRENGTH -- This is the chart of Apple on the four hour time frame -- PRICE ACTION -- What's next -- Watch this space
