ai for intelligent apple

melson
02-29

$Apple(AAPL)$  is in a wedge pattern consolidation for weeks . it is being held back by high interest rate environment. the fed has ended its rate hike and is now contemplating the cutting of rates at the end of this year. once the fed starts to cut rates, the bull market will be explosive. 

according to pnf analysis of aapl, aapl can go up to 220. consolidation is good for aapl. giving up ev is a great decision for aapl. the ev market is too crowded. focusing on ai is a wise move. there is still much room for improvement in generative pre-train ai. google made a fool of itself again by focusing too much on ethnic diversity for its image generation ai. when bard was just launched, it provided a wrong answer for a simple question (for deep learning computers). 

in the near term, aapl will keep in consolidation mode until a catalyst spikes it up such as Berkshire decides to buy more aapl or aapl ai beats openai, Google and Microsoft hands down.

$NASDAQ(.IXIC)$  has legs until 20,110 according to pnf with Fibonacci retracement.

$US2Y(US2Y.BOND)$ is in consolidation wedge pattern as it awaits hotter than expected inflation data to make a new high. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@TigerStars for coins and vouchers

merci beaucoup@TigerWire for topics

merci beaucoup@Asphen for sharing analysis

merci beaucoup@koolgal for tagging

Tim Cook Visits China: A Good Signal or Not?
Tim Cook has been in China for the past five days. The significance of Cook's visit to China is crucial. In the fourth quarter of last year, Apple's revenue and profit grew both . But Greater China revenue fell 13% year-on-year, becoming the only large regional market to decline in the quarter. --------------------- How do you view Apple's business in China? Is Cook's visit represent a good signal? If Apple drops to 165, would you consider buying the dip?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Asphen
    02-29
    Asphen
    181 is magical for me. it has held well so far. bullish for me.
  • koolgal
    03-02
    koolgal
    The market is all fired up on AI!  Thanks for your awesome insights 😍😍😍
    • melson
      [Happy] [ShakeHands] [Happy]
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