Apple has a long upward trajectory and while commentators might have varying opinions it seems to have these occasional dips and then rise again strongly.
Any purchase from $160 to $175 would seem to be good buying.
I'm waiting a bit though before pulling the trigger
In early 2020 AAPL fell 5 standard deviations out of a strong uptrend. It was Covid, so you'd assume that had some substance to it as a trigger for a collapse.
As it turned out this was short-lived and the price recovered quickly.
In August 2023 AAPL again fell 4.7 standard deviations out of a strong up trend. It was an earnings announcement, but not...
Fair value is assessed at $7.40 by Morningstar and the recent low of $4.80 is a great support point to justify a R/R of almost 5:1
Does anyone dispute this hypothesis?
