Apple has bounced nicely off the test near the 200 DMA, but hasn't broken out of the trading range it's been stuck in, unlike Google - (which did so in a massive, record breaking way on Friday). Can Apple ride the momentum of Google after its own earnings report or will this stock stay stuck in the mud for a while longer?
The problem with buying stocks around earnings - is it can be a guessing game at times. Did the lack-luster iWatch sales hurt earnings in a material way? Is the iPhone still selling like hot cakes?
We will find out next week. Hold on to your seat.
The problem with buying stocks around earnings - is it can be a guessing game at times. Did the lack-luster iWatch sales hurt earnings in a material way? Is the iPhone still selling like hot cakes?
We will find out next week. Hold on to your seat.