HOW TO PLAY APPLE’S BEAUTY AND THE BEAST EARNINGS $AAPL
Apple Inc.’s just-released earnings show quite a contrast between the recent past and the near future. The projections for next quarter are downright ugly while earnings for the last quarter are a thing of beauty. First let us examine the technicals of Apple AAPL stock and then we will move on to the fundamentals. Technical perspective For a technical perspective, let us look at the chart. Click here for the chart. Prior to earnings, Apple had broken the support at $419 – $421 and then dipped below $400. Now the prior support acts as resistance. In the after-hours action, Apple moved up