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I’m extremely bullish on AAPL (here’s why)

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dailycorereport.com

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Tue, Nov 1, 2022 07:12 PM

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Expect a lot of Perfect Apple Trades soon How’s it going? Sorry I’m a little late with our

Expect a lot of Perfect Apple Trades soon [image] How’s it going? Sorry I’m a little late with our update this week, but I wanted to make sure to get you some interesting insights. On earnings, the stock moved down initially (really poor earnings from AMZN helped this along). Once earnings came out though, AAPL went on an absolute tear and made one of the biggest candles to the upside that I’ve seen in a long time. Right now, AAPL is not far off from its all-time highs (at $180) — and AAPL continues to show a tremendous amount of relative strength compared with the Tech sector. What this suggests is that AAPL has become a store of value. In other words, people are hiding their money in AAPL. Just look at these two headlines from CNBC: [image] With everything going on in the markets this year (interest rates, inflation, and so much more), AAPL really hasn’t dropped that much. The company remarkably continues to grow. They beat a lot of their earnings estimates. And I think the stock could go much higher from here. Yes, shares dropped a bit on Monday. But the market is often soft on Mondays. If AAPL can get above and stay above the highs from Friday, I’m looking at the next resistance point around the $165 level. Above there, I’m looking at $170 and $180 beyond that. Right now, I’m incredibly bullish on AAPL. And I’d like to show you how I plan to trade it. We just entered a new Perfect Apple Trade, and I fully expect we will have several more in the near future. If you’d like to know how I use just two indicators to trade every major cycle higher on AAPL, [check out this brief presentation where I reveal everything](=). [image]() Hope you have a great week and don’t forget the Fed update Wednesday afternoon. Trade safe, [image] Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security.Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.The past performance of any trading system or methodology is not necessarily indicative of future results.CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.All trades, patterns, charts, systems, etc., discussed in this message and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. [Unsubscribe]( Daily Core Report 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555

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