Apple Inc Facts

If the stock market is pointing to a retreat should Apple Inc trader’s fan club be concerned?

Is Apple’s Inc  share price in correction territory?

There is certainly reasons to be concerned.

  1. The share price chart crosses below 50 & 100 Moving Average, yet, is not a sign of correction but it could be if the trends is establish and crosses below the 200 Moving aapl-min
  2. Apple’s share price has recently be boosted by product launch. This year products haven’t done the trick and a recent Bloomberg reports suggest that Apple will be unable to deliver their rumored live TV-over-internet streaming service for the Apple TV until (1)
  3. China is Apple second-largest market and with the Yuan in decline it could translate into lower profits.

Is there hope? Yes the current market volatility has pushed the Dow Jones lower toward retracement area but isn’t yet into bearish territory.

The good news is that in case of an actual correction it will be a welcome news as the company will be able to buy back more share and expand they share repurchase program. A sign, usually, of higher share price to come.

Let’s get started...

Broker Rating Markets Available Fees Open an Account
Kawase Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 3.44 /5
(16 votes cast)
Shares, Indices, Forex and Oil Spread From 0.1 and 0.2% Commission Visit Website
MaxFx Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 4.66 /5
(90 votes cast)
Indices, Forex, Metals, Shares From 0.1 Raw Interbank Spread Visit Website
London Capital Group (LCG) Logo
1 Star2 Stars3 Stars4 Stars5 Stars
Rating 0.43 /5
(127 votes cast)
CFDs - Foex, Indices, Stocks, Commodities, Bonds, Interest Rates Variable spreads from 1.2 and small 0.1 commission on Shares Visit Website

Login to Comment

Share your experiences with our community. You must be logged into post a comment. Sign up as new CFDMaster member or Log in using your Facebook account and get instant access today!

Risk warning: Your capital may be at risk. CFD trading is suitable for experienced traders and not beginners.