No reason to be a buyer in Apple; technically nothing looks bullish, though it may be due for a bounce.
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Apple let's talk Apple I'm not here to complain you know I'm not a complainer I'm just trying to sympathize sympathize if I can say that word with guys that are you know having a little bit of um you know back and forth and not a lot of traction um because I've been doing this a long time and I know a lot of guys who've been doing this a long time and they're not loving the tape either.
Um Apple, so I've talked about this a lot. You know the I personally some people like Red Dog, it's like Vision Pro. Remember that freaking thing that Apple had that you know kind of like the metaverse and nobody bought it?
They're like that's what this I'm like no way. like this the the new phone the the foldable phone um I think could sell 10 million units which could add money to the bottom line.
All right, yesterday you had a massive dogee. Okay, so what do you know? This is what you know. Okay, that this low here yesterday is 3090, right? So 30990 is right here. Um, if you want to frame the trade, okay, and you want to be in a swing long between now and just say next earnings, it should not break 30990.
Okay. Uh, it it did come off those lows pretty fast. Um, but again, nothing great. Um, a lot of analysts came out and started talking positively like it would have been nice if this would have closed stronger.
I bet you some people would have been in it overnight. Now it's up 450. I actually took options um the 420s for September 11th tomorrow. So I'll make some money there, but I'm not in the stock.
The question is how could you get in the stock for a swing? You could be long verse 30990 if it gets above yesterday's high of 31915. It's already above it actually. So 31915. So you know how I say get above and stay above.
So if this could get above and stay above, it would show some traction if people were short. I don't know why any would ever be short Apple, but um takes this out. Then you have 32350 where it broke down from and then here.
So, we'll see. Does now that the event is done um perhaps uh you know, you could kind of see a wedge forming here where perhaps um you know it gets better traction. Well, all I want to do is be able to like kind of stay with the name and like remember last time here we were you know we had like five different rollups.
We bought the 280s, went up, sold the 280s, came in, I bought the 290s, went up, you know, pulled in, I bought the 300s. So, it'd be nice to get some kind of trend here versus just, you know, we had three of them. So, we'll see.
Joe Robertson says, "I really like the new iPhone. Been waiting to upgrade my iPhone. Still using I was using the 12 and I actually had to buy this. I had to buy this, you know, cuz my other phone finally gave out.
So, what I'm going to do is I'm going to give this to my wife who needs a new phone and I'm going to have her take this because this was like a $1,400 phone and I'm going to get the foldable one.
Anyway, aren't I a nice guy? Um, so with that being said, we'll see if this could actually start getting better. First step is get above and stay above 31915 and then you have some room to 323.
Um, so we'll see how that goes. Apple is up, yeah, four points. Um, I almost took it home long. I didn't.
just in casea if I had an IRA and I was long Apple and I shorted Apple yesterday here when the event happened, then that's a problem.
What this channel has said about $AAPL
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