 Welcome, this is Melissa Armo with the stocks portion and reviewing Apple and I'm reviewing this specifically because I'd called calls in this this week And I really think that this stock is higher with the overall market today falling slightly I mean when you look at the market was a tiny tiny tiny move down today into support same thing with Apple I really don't think that this is anything catastrophic, and I believe that the market probably well Let's just talk about Apple right now I'll do a market video later But anyways right now Apple looking at this this is snug as a bug in a rug right in here in the April Moving average of the 20 period moving average. We're so close off the highs So the previous high was 327 85 that 330 number is out there Apple's gonna hit it It's just a matter of time in my opinion It's just a question of is it gonna happen next week But what I'm waiting for and what's very interesting here is again This was this was the earnings on Apple and the way the the momentum that came in was not as big as expected Okay, so based on that I'm saying wait a minute This is gonna sometime soon here and again if you look at this chart and if you know Apple You know the way the stock trades and you watch it all the time looking at this that it's just been nice and easy and a good rallies and it's rallying, but you don't have any big fat Huge monster green bars and Apple which you absolutely can have and the stock hasn't had for a while All right, so what I'm saying is that I'm expecting that at some point soon That could happen in a gap up and that could happen and take the stock up over to the 330 number Which is out there and I believe the stock could hit so they're coming out saying that that initially they said Monday That the Apple stores in China. We're gonna reopen now. They're saying February 15th, which is still in a week So we'll see could that create a lift up to that number? Absolutely. Yes, or any news between now and then so it's very interesting But I think that this is not a big deal the little sell-off in here. We're not that far from the highs Where are we gonna go? I definitely don't think we drop all the way down here So I mean the stock isn't gonna sit here for a week at the same price point So, you know my opinion is is gonna at some point make the lift that I expected to happen on earnings Which was which is like I said a big fat Solid bar of buying people wanting to come in once people I think realize that the stock is not gonna fall all the way down here all the way down here because again I don't trade pullbacks. I can't even stand it when people talk like that And yet I know traders love to talk like that and trust me when I say pullbacks do not work as the consistent strategies to Trade they just don't otherwise everyone will make money in the market. You buy every pullback and you never lose So it just doesn't work as something consistently. It's not a strategy. It's think it's something people do and in my opinion It's it's it's just not the right way to go about looking at price action and analyzing it So I will say that my expectation for Apple is that it will make a new high and that Once people realize that the stock is not going to do a bigger pullback that they want people are gonna buy into it But institutional money is what I'm looking for when I read the stock anyways It's very very strong here and pretty much nobody's selling off you have this one sell-off day here That's it and this to me is not much like I said, it snuggles a bug in a rug right into here into support So we're gonna see where this goes I want the momentum and I want to see it and I'll know what I see it to in the gap in this To come in and then create that big fat green bar that the stock could have had an earnings and did not and Shouldn't have had an earnings and did not and did make a new high after the earnings But I want to see the follow-through. I want to see real serious follow-through an apple And that obviously then will lift the market as well So I think that's coming up Apple's been like this for a while It's ready to make a move the stock normally doesn't trade the way it's been it normally Has much bigger moves and we're see going to see where it goes into into this week And obviously the news and what's happening in China has been affecting this but when you think about that too You say well, wait a minute. It's barely so it's not really selling off. It's not going down So once they reopen the stores that could create the lift that the market needs to push higher Thanks everyone if you're interested in signing up for the Golden Gap course of the Gap options newsletter Email me a Melissa at the stocks wish calm. Have a great weekend