In this article, we will tell you whether Apple stocks will continue to rise and how to make money on them. Tinkoff Investments has consensus forecasts, look at one of these already at the end of August. Here Wedbush Securities Inc. shares with you thoughts about the future
But many investors do not wait for such forecasts; they make their forecasts based on personal considerations. For example, technical or fundamental analysis may be suitable for this. Technical analysis is when you try to look into the future using charts and previous price movements. Look at the chart below — what trend do you see?
Weekly chart for Apple stock in 2020
And someone even succeeds in this! For example, this young man took a risk in early August and bought these shares at a price of about $ 440 apiece. Taking into account their number — in just a month he made about $ 1,500. But it is worth noting that their growth in August was also due to the news of a 1 to 4 stock split. Fundamental analysis! When, on the eve of the division, the number of shares — its price begins to soar.
It is worth noting that the most correct practice is for people who try to share the risks and therefore hold many shares in their portfolio. Look at the other young man’s strategy. It looks more attractive, since when one paper falls, the rest will still grow. Good luck with your investment!
Balanced stock portfolio
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