Big Momma AAPL has Spoken!- BULLISH AS SHIT
Image courtesy of https://www.fanrto.com/topics/big-mama-wallpapers.html
I recently posted about $AAPL in my most recent "crypto, stocks, and alcohol" post reiterating that if AAPL stays above 178 then you cannot be Bearish, and basically cannot be Bearish the Market.
https://steemit.com/crypto/@heyimsnuffles/-crypto-stocks-and-alcohol-post-4-20180506t144808595z-post
AAPL is upwards of 12% in many of the technology ETFs and as high as 17% in one. It also makes up over 4% of the SPY etf which tracks the S&P500.
Courtesy of http://etfdb.com/stock/AAPL/
My point is that AAPL is the type of stock that can hold up a market. Especially if it has a little help from 3-4 other stocks then this baby isn't going down. Check out the chart below in AAPL...
This is a CLEAR BREAKOUT to ALL TIME HIGHS (which is a VERY LONG TIME) with accelerating momentum down low breaking above the trendline. I fully expect technology and SPX to follow big momma as the Bears are on the run.
The 200 Day MA held in the SPX like Leonidas and the 300 and once SPX relative strength is over 55 this thing should run to 2800. Long into the Summer....
I remember many years ago I started working for a company and as part of their benefits package, they would match whatever money you put into their stock. That company is long bankrupt and I wish instead of buying their stock then I had bought Apple instead. While I do own a little Apple now, I can only imagine how different my life would be... It's be a great stock for me though. Decent dividends, a couple of nice splits along the way....
Thanks for commenting!!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by heyimsnuffles from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness
Your too amazing. I need to do more for you...