4aapl
Moderator
Posts: 3,621
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Post by 4aapl on Jun 8, 2021 6:37:35 GMT -8
A little green in the morning is pleasant. Like I said a few weeks back, off the Folger's jingle, "The best part of waking up, is seeing AAPL up".
There's lots of WWDC announcements to digest. Unlike a product keynote that stays focused, this was a lot of info and announcements about a lot of different things.
Personally, I was also amazed by the number of people that had bits in the Keynote. This was entirely different from years ago, even for WWDC. But I see this as a welcome change. Instead of putting all of the perceived glory on just a few, even if we all know deep down that those specific people aren't doing everything, spread around the headlining. It does put the names out there for the headhunters, but in this day and age the org chart is no longer private. But it does give people value, some with the fame, but all with the deep reminder that they are an important part of the progress at Apple that millions and even billions use daily. And that's much stronger than someone just saying Thanks occasionally.
The RSI has finally made it just a hair above the 50 "neutral" level, and the morning peak was above the 50 DMA. Maybe this is the week that leads into the month that AAPL, and some other tech stocks that have behaved similarly over the past 5 months, start seeing some boost.
Thanks AAPL
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Post by archibaldtuttle on Jun 8, 2021 9:21:53 GMT -8
Wake me up when we close above 128. Otherwise, we're stuck in this channel between the 200-day and 50-day moving averages.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jun 8, 2021 11:49:15 GMT -8
I keep seeing these persistent rumors that Apple will split again to keep the stock price around 50-60. It seems kind of soon, but who knows? I don't see a compelling advantage to it, but WDIK?
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Post by archibaldtuttle on Jun 8, 2021 14:06:52 GMT -8
I keep seeing these persistent rumors that Apple will split again to keep the stock price around 50-60. It seems kind of soon, but who knows? I don't see a compelling advantage to it, but WDIK? Splitting a year after the last split, when there’s been no price appreciation since the split? Not a chance.
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