Apple Inc. ( $AAPL ) is one of the super and best stock to buy as of April 23, 2019. It’s a growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock made some gains, but it was in consolidation for most part of the move.
3. But the stock had a solid run in mid part of 2018.
4. The stock also found support at the key 50 day moving average line.
5. Then the stock went to into severe correction and lost the 50 DMA support line, as well.
6. The stock started to stage a recovery in early 2019.
7. It also had quick consolidation for couple of weeks.
8. The stock is trading well above the 50 DMA line.
9. The accumulation volume also not that bad.
10. The buying price would be $197.79 – $207.68.
