The Long Investor
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$AAPL TOP 20
🕑 Added 2025-05-04 11:47:17 +0000 UTC$AAPL reported on Thursday and it was one of 3 Mega Caps this week that did not react well post earnings, with $AMZN ending the session flat after being down -4.5% post earnings on Thursday.
$APPL announced another $100 Billion Share Buy Back and this brings a total of $700 Billion made towards share buy backs over the last 10 years.....I think the market believes that $AAPL is no longer innovating successfully and relies now only on share buy backs to create value.
It is difficult to see many projects in the pipeline that will get people excited about about holding $AAPL for long term.
On the chart, I still believe there will be a bounce to the 50 WMA for a test at $225 but holders should be watching closely here for a rejection.
