iPhone 16 AI late 2024 trade
With such a low price under $1000 USD, we see our new “hardwareAI” race leader emerging, banking on user adoption; the cash rich AAPL 0.00%↑ will pay off its competitors GOOG 0.00%↑ and AMD 0.00%↑ yet again with its hardware - software - person paradigm allowing even larger cash creation through consumer products.
I see appreciation to 250 as immediate pseudotrend has propelled the shares to stay in a flag pattern for months, now breaking out, AAPL 0.00%↑ weekly 235 calls look good at .90 to 1.60 they closed today at 1.44, tomorrow is ISM & JOLTS at 10:00 keeping in mind gold may experience volatility as well…»»
And.. week after week, continue to buy as there is noone selling
https://www.reuters.com/business/apple-use-its-own-server-chips-ai-features-2024-06-10/
https://security.apple.com/blog/private-cloud-compute/
UPDATE: 1050 EST October 1st 2024; index wide selling day, red everywhere, let the F interaction play out and wait for better prices on options for weekly and November expiration.