The 3 Reasons Why Apple Is A Good Buy

10. Aug.

1. The price is above the 50 MA
   
2. Apple had a negative reaction to the earnings report
   
3. Apple is about to announce the dividend report
   

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The price is above the 50 MA
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According to the Rocket Booster Strategy
when the price of a stock has hit above the 50 MA it's a good sign
of an uptrend. In this case, we are looing at the apple stock as an example.
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Apple had a negative reaction to the earnings report
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Even though apple had a negative reaction to the earnings report
which is one of the most powerful catalysts in the stock market
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The price has bounced against this catalyst almost like its telling us
"Even though the economy is not doing well am going up!"
Maybe this is why Apple is one of the best-performing stocks during
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a bear market.
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Apple is about to announce the dividend report
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The dividend report is like the counter-attack for the poor price reaction
to earnings.
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Investors are waiting to get a return on their investments and this
could give a sign of a positive price trend reaction.
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Even though Apple stock had a negative reaction to the earnings report.
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If you want to learn more about The #1 Strategy Used To Find The Best Stocks
Called "The Rocket Booster Strategy"
Then rocket boost this content for more
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Disclaimer: Trading is risky you will lose money whether you like it or not,
please learn risk management strategies , and profit-taking strategies.