This week, Apple stock price fleet past the previous all time high of $426. The stock price has appreciated 12% ever since mid Dec 2011. The previous high was touched when Apple announced the availability of iPhone 4S. But the investors’ confidence was dented with the passing on of Jobs which clouded Apple’s profitable future. On the weekly technical chart,…
Tag: us stock markets
Apple stock (AAPL), Dow Jones Industrial, Nasdaq Composite are reaching key resistance – buy into strength or take profits? | US Stock Markets
This week is fraught will series of uncertainties – Greece default issues, S&P’s downgrade of Italy credit ratings, strengthening of USD as a safe haven etc. This has resulted an increased volatility in stock prices. But are we at the bottom of the movements for some bargain hunting? Or its the calm before another storm? Dow Jones Industrial Average The…