How To Trade F.A.A.N.G. Component Apple [AAPL]

As of 18 April 2020

As of close 15 May 2020

Looks like just a matter of time before price exceeds the high from earlier this year.

As of close 17 July 2020

Apple exploded through the old all time high and got as high as $400/share before pulling back just a bit.  I wouldn't about the path of the stock unless it closes convincingly below the rising trendline.  Apple reports on 30 July.
As of close 7 August 2020
  1. My last update
  2. Post close earnings on 7/30
  3. Despite breaking the rising trendline the week before, price exploded through all-time high following earnings on it's way to being the largest company in the world by market cap.
  4. A pullback toward the rising trendline and/or horizontal support makes sense.
Unless price breaks $356.58 to the downside, there's no reason to do anything but hold onto AAPL.  I certainly wouldn't have any interest in shorting it.


As of close 16 October 2020
Apple still looks good to the long side here.


As of close 30 November 2020


As of close 22 January 2021

As of 7 March 2021


As of close Friday 4 June 2021

As of Close Friday 13 May 2022