look upon Apple

Stocks

By Shady Fouad On Dec 16, 2024

Apple

Apple’s stock is moving in an upward trend in the medium term, paving the way for price increases and the formation of new highs.

BETA	1.22
P/E	40.88
EPS	6.07

This stable performance is supported by investors’ anticipation of the company’s new product launches, along with expectations of strong financial results in the upcoming quarter. From a technical perspective, the stock continues to trade above its 50-day moving average, indicating sustained bullish momentum in the medium term.

However, investors should monitor developments in the technology sector and potential challenges in global markets when making investment decisions.

You can now benefit from LDN company’s services through the LDN Global Markets trading platform.

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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