Apple shares have gotten slammed, but one technician calls this a 'terrific opportunity' to buy [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters Apple has long been a market darling, but it's gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in market cap since then. The stock is now on track for its longest weekly losing streak in six years, posting losses for five straight weeks and now pacing to post a sixth. But this downturn, with the stock now trading near three-month lows, could very well be a chance to buy, according to a leading technical analyst. It's been a tough week for Apple, but we see this as an opportunity. Tough week, even over the last month, has retraced pretty much all of its gains following its last earnings report in July, when it had the positive response, Ari Wald, head of technical analysis at Oppenheimer, said Monday on CNBC's Trading Nation . Wald said he's watching the $196 per share level, which he said may become suppo
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CMCSA
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- 4/25/24 - Beat
CMCSA
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- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/17/24 - Form 4
- CMCSA's page on the SEC website