Not all bullish engulfing is reliable but yesterday's strong close could give Bulls a hope to retake the helm which they lost the last week.
http://www.insidermonkey.com/blog/w...energy-stocks-are-turning-heads-today-474382/ Why Apple, Chipotle, and 3 Energy Stocks Are Turning Heads Today Apple Inc. (NASDAQ:AAPL) is one of the rare bright spots in many investors’ portfolios today, as shares of the tech company are up by 2.88% at a time when the broader market is in the red. Apple’s relative strength is due to various telecoms such as Sprint Corp (NYSE:S) and T-Mobile US Inc (NASDAQ:TMUS) saying that demand for the iPhone 7 and iPhone 7 Plus has been strong. In terms of specifics, iPhone pre-orders increased by 375% for the first three days of reservation availability at Sprint, and order volume at T-Mobile was almost four-times higher from Friday through Monday compared to the next-most popular iPhone.
Yesterday's bullish engulfing has given bulls the energy they needed and keep on bruising the bears. Stay long and keep an eye $110
This is still cheap compare to where the Dow is trading at for the year all you people calling a bearish don’t have a clue
Proved to be a timely entry point. Too bad unfavorable market conditions didn't allow for entry. When you get screwed multiple times, sooner or later you wake up and realize the system that hasn't allowed you to advance isn't all of sudden going to work in your favor. Chatter is nice, but its there to calm nerves and draw away from the main points. AAPL now becomes a buy against yesterday's high and $110. Call it $110 - $113. $144 is still in the cards.
In Just fours 240% gain in a conservative trade is amazing AAPL was another big winner for the week. Never too late to Join Jango Portfolio
Apple will ride up to $120 for a push over $125 post-earnings. Whatever happens, don't get shaken out. Institutions want in.
Had the last 3 iPhones but converted to Samsung Galaxy s7 just a few days ago. Wanted something new, though I never had any problems withave apple.
Cool, hope you enjoy it! I myself will probably skip this time around. Not sure about S version either, might wait for #8.
I am very happy that my prediction around 3 months ago has paid off. Finally, I am up 20% on my original position!
@Zaysev i am planning to wait until $120-125 to reevaluate my position. I am adamant it will outperform the market in the next year so I have no need for urgency.
How many of you are on the iphone 7 or plan on getting it? Im still not seeing a huge rush to upgrade from my circles.
@Gil Oren I have no plans to get an Iphone 7. It is the virtually the same technology rebranded and resold to the public. But needless to say, the advertisement works well on the masses.
held one today, i do have to say that it doesn't seem like a monumental upgrade but from what i have noticed the screen is really nice as is the new home button technology. I may pick one up if they were to give me a good trade in price for my phone.
