Category: Bill Gunderson

Gunderson: Apple’s stock price will not go down forever, eventually it will break out

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“Calling a top in a stock, sector, or market is as hard as guessing at a bottom. Has Apple hit bottom yet? No one knows,” Bill Gunderson writes for MarketWatch. “I have continually heard that it has all the way down from $705 to its current $430 level. Those that tried to guess at the…

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AAPL, Apple Inc., Apple shares, Apple stock, Bill Gunderson, finance, investing, News

Apple is dead money for now

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“In the past, Apple had always recovered after a bout of profit-taking and marched on to new highs,” Bill Gunderson writes for MarketWatch. “This time was different, however. By early October, the stock broke below its 50-day moving average for the first time in six months. Early profit-taking then started to escalate into some serious…

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AAP, Apple Inc., Apple stock, Bill Gunderson, finance, investing, News