Apple Inc (AAPL) Outperforms All mega cap US stocks, Up 2.13%; in an Uptrend Over Past 30 Days

Apple Inc 4 Hour Price Update

Updated June 24, 2020 04:32 PM GMT (12:32 PM EST)

AAPL traders saw its share price fall -1.91% ($-6.99) over the past four hours of trading. To help put that in perspective, note that Apple Inc’s peers in the in the Computers industry are down -3.46% on average during this time, while its counterparts in the broader Technology sector are down by an average of -3.57%.

Apple Inc Daily Price Recap

Apple Inc closed the previous day up 2.13% ($7.66); this denotes the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 57.61% from the previous day (Monday), and up 5.55% from Tuesday of the week before. Below is a daily price chart of Apple Inc.

Apple Inc Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 10 out of the past 14 days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about AAPL:

    $MU folks on here frustrated but this stock is not an $AAPL or $MSFT or other big tech thats a buy and hold 4ever. Its a trading vehicle to sell covered calls against and naked puts. It trades in a perfect range. Sell the 45P's on drops and sell 55C's on rips. You'll make thousands a year doing it. Not hard. Just play the game. If stock gets put to you, it will bounce back and you'll still make money. Likewise if you lose your shares you'll be able to buy back at lower prices. Use an acct with lots of margin and low margin rates like Interactive Brokers. Its so easy anyone can do it. Just have to be patient and not worry about the daily pump and dumps. Stop the yolo puts/calls. Just be happy making 20-30% on a trade. $AVGO another one to do this on. 270P's and 330C's except you get a good dividend while waiting

    Texas12