APPLE: market unimpressed

Very short: on October 13, Apple held its yearly event, this time online, as “Hi, Speed!”. During the event, it presented the iPhone 12 series, HomePod Mini, MagSafe wireless charger system, and the 5G technology being the theme of the day. A “breakthrough” as they said... Well, as breaking as it is, it didn’t impress the market much. In fact, the price dropped during and after the event. It was at $125 when the event started and dropped $5 in value. Currently, it is slightly above $121. Of course, it will go up later on, but this article is just to analyze how Apple’s event moved the price. It moved it downwards.

Your plan? Observers say Apple is a buy. Sales projections are good. So if you want to go long-term and practice positions trading – that’s a good stock to have.

Don't know how to trade stocks? Here are some simple steps.

First of all, be sure you’ve downloaded Metatrader 5. FBS allows you to trade stocks only through this software.
Open the MT5 account in your personal area.
Reveal all trading instruments by clicking “show all” at the “Market Watch” window.
Start trading!

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stocks market

prices

technical analysis

Author: FBS Analyst Team

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