Apple Is More Oversold Than It’s Been in Years

[] [] [] [] Apple Is More Oversold Than It’s Been in Years Hey, Graham Lindman here… Don’t look now, but just when people started kicking dirt on Apple, it made a nice move higher while the rest of the market was in the dumps much of Friday. [In fact, Apple (AAP) is more oversold than it’s been in years…]( Four years, to be exact. Take a look at this chart from Bespoke and see how it’s crashed through its major moving averages during recent post-earnings malaise: [] AAPL is now three standard deviations below its 50-day moving average, the most oversold reading it’s had since the COVID-19 crash! Sure, the stock has hit a rough patch, down about 8% year to date even after the 2% bounce it had Friday afternoon while the rest of the market was selling off. The AI craze, meanwhile, has pushed stocks like fellow “Magnificent 7” mate Nvidia (NVDA) to insane heights. So is Apple yesterday’s news in the tech world, left eating the dust of high-flying AI stocks? [Not so fast, I say.]( Sure, AI and chip stocks have been THE trading craze of the year, with crypto miners and Bitcoin not too far behind. But Apple isn’t going anywhere. In fact, when a great stock is this oversold, that often means it’s due for a bounce. But even if it doesn’t come surging back, we can still trade it regularly like we do in my Perfect Apple Trade strategy. In fact, out of six AAPL trades we’ve made, three have been puts. Check out our performance so far — I couldn’t be happier. [] If you’re interested in learning more about how we trade Apple, [just go here.]( And I’ll see you next time! Graham Lindman Graham Lindman Trading [] Apple Is More Oversold Than It’s Been in Years Hey, Graham Lindman here… Don’t look now, but just when people started kicking dirt on Apple, it made a nice move higher while the rest of the market was in the dumps much of Friday. [In fact, Apple (AAP) is more oversold than it’s been in years…]( Four years, to be exact. Take a look at this chart from Bespoke and see how it’s crashed through its major moving averages during recent post-earnings malaise: [] AAPL is now three standard deviations below its 50-day moving average, the most oversold reading it’s had since the COVID-19 crash! Sure, the stock has hit a rough patch, down about 8% year to date even after the 2% bounce it had Friday afternoon while the rest of the market was selling off. The AI craze, meanwhile, has pushed stocks like fellow “Magnificent 7” mate Nvidia (NVDA) to insane heights. So is Apple yesterday’s news in the tech world, left eating the dust of high-flying AI stocks? [Not so fast, I say.]( Sure, AI and chip stocks have been THE trading craze of the year, with crypto miners and Bitcoin not too far behind. But Apple isn’t going anywhere. In fact, when a great stock is this oversold, that often means it’s due for a bounce. But even if it doesn’t come surging back, we can still trade it regularly like we do in my Perfect Apple Trade strategy. In fact, out of six AAPL trades we’ve made, three have been puts. Check out our performance so far — I couldn’t be happier. [] If you’re interested in learning more about how we trade Apple, [just go here.]( And I’ll see you next time! Graham Lindman Graham Lindman Trading [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](