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Strategies & Market Trends : Humble1 and Swing Trading Friends

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humble1
To: humble1 who wrote (38799)4/9/2023 12:21:17 PM
From: Tweets Boar Hog1 Recommendation  Read Replies (1) of 41041
 
Leading or Lagging Indicator?

Samsung to cut chip production after dismal earnings report


The company was hit by falling memory chip prices and slumping sales of electronic devices, from smartphones and televisions to home appliances.

koreajoongangdaily.joins.com

And they make smart phones too. Global number 2 behind Apple.

Of the Big 4, Apple, Google, Amazon, and MSoft; Apple has in general been spared. It will not be spared forever.

Earnings season, leaks and all that coming up for 1st quarter. Seems the smell is for a lot of disappointment, and lack of forward guidance. We C.

Tweets

Watching Apple for a potential cycle high, and a break in TL. Or to power on up through that fib. No present position. At present my thot is that if that TL gets broken to the downside, Apple is in big short country.

The waiting game continues.

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