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The Bull Case for Apple Stock (AAPL) – Warren Buffett's Biggest Holding!
AppleApple(US:AAPL) See It Market·2024-05-06 21:46

Why does Warren Buffett continue to hold a massive stake in Apple?From a technical perspective, it’s because this is a stock that continues to show strong long-term momentum characteristics, with pullbacks to an ascending 150-week moving average often serving as perfect entry points. Using multiple time frame analysis, we can relate the short-term movements in AAPL to the medium-term rangebound pattern. We can then focus on the long-term uptrend that has defined Apple over the last 5-10 years.In today’s ...