One 'Bad Apple?' (GMR Macro-Technicals - 4 January 2019)
Apple (AAPL) closed just below its key Yearly trend support at 145 yesterday. If sustained, it is trouble moving forward. If i can rebound, there is plenty of room to bounce. S&P500 hinges on similar 2415 Yearly trend. Treasuries are bullish, but expected to top out at Q1/Yearly resistance. See GMR Macro Technicals for specific price levels and detailed Trade Strategy.Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. The company's products include: iPhone; Mac; iPad; and wearables, home and accessories, which includes AirPods?, Apple TV?, Apple Watch?, Beats? products, HomePod?, iPod touch? and other Apple-branded and third-party accessories. The company's services include: digital content stores and streaming services; AppleCare, which includes AppleCare + (AC+) and the AppleCare Protection Plan; iCloud, which is the company's cloud service; licensing; and other services, which include Apple Arcade?, Apple Card?, Apple News+, and Apple Pay, a cashless payment service.
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