Apple Stock Buy Now | After Apple 2020 Keynote

in this video I'm going to talk about is Apple a good investment Apple stock if you buy their products you got to watch you got the phone you got the laptop you got the iPad the air pods all the trinkets why not invest in the company that's what I do [Music] welcome to the newsroom today we're talking about Apple stock this is for investors only the live stream just ended for the 20/20 keynote and of course as always great hardware great software great releases and updates Apple always never fails to impress we all know this I did a video last year September 10th 2019 when the stock was two hundred and thirteen dollars look where it's at now in that video I said it was a great investment I also did a video may 19th 20/20 had a 326 priced target it blew that out of the water every time I talk about Apple I nail it it's just a great company so let's get into the technicals of things and see where is a good entry for Apple if you're interested in investing in the company because you believe in it if you own all these products why would you not invest in it I just made $700 on Apple trade I bought a lot of ear pods the pros for 250 that they're good products but I think 250 was a bit much but I didn't care as it was all profit so you know you can make this these kind of returns buying the stock that you believe in if you believe the company is the best company in the world you're an Apple fanboy fan girl why not invest in it so I'm gonna talk about where is a good entry in Apple where do I see Apple going let's talk about it okay so here's the Apple chart as of today it's at 349 way above my price target of 326 that I did in my last video on Apple a couple months ago so what I wanted to do is I wanted to look at the previous Apple Keynote and see how the stock performed after that keynote came out so as you can see here on the slide 2019 Apple Keynote on which day do you think the keynote came out on this chart I'll take a second go ahead try to figure it out this is where it actually happened right there it was June 4th 2019 that last key no it happened and the stock moved 14.9% on a nice rally over a total of eight days before it heads first dip down and that wasn't a big dip that was a little baby dip now if we want to look at overall how the stock per forum from the keynote all the way until I had this major drop in August you could see that big drop of red candles that little waterfall so if we look at the rally from when the keynote came out June 4th all the way until August that's a total of 29 percent you could have made a return if you invested in Apple the day the keynote came out and held that's a phenomenal return for such a big company just over 57 days so 30% return in under two months so just looking at the day the keynote dropped that was a three percent move which is a good return in one day but more importantly overall that long rally was the most impressive all right so where's Apple going now looking at this chart you're you want to look ok I love it I want to invest where do I buy in let's figure it out first thing to do when I want to figure out where a good entry is is I want to find support support is where the the base of the stock can go and and bounce off of so it's like the table the the legs of a table so you put a vase on a table it has good support there it won't fall unless someone pushes it off the side which might be their owner alright so we have support here at 324 so that's a good entry if this stock comes down there's a lot of fact there's a lot of variables happening right now they're closing a few stores but you don't really need to go to the stores just order it online the closing stores because of the Rona there's a few other factors that there the markets could go red there could be a second wave many variables so 324 is good support now for scenario one this is what I'm predicting I could see continuing from the keynote and then pulling back if the markets go bad if those variables come into play such as the roan the second wave etc that more store closings we could pull back I don't think the pull backs gonna last that long I hope not I can see a pullback to that support of 324 bounce off head up for a $400 breakout so that would be the first time Apple has ever hit 400 and I think it's gonna bust right through it scenario two if this week the markets are green and everything rallies apples gonna have a great week because they had this keynote they dropped in to information on top of that a good healthy market I could see this just continuing to go me personally I would just get in and ride the wave and I could see it testing that 400 and pulling back you're wondering why would I pull back if the markets are reeling okay since Rona hit this stock fell to 200 and since 200 it hasn't pulled back look at every other stock restaurants Airlines they've all had their pullback Apple doesn't seem to have had its pullback it's just a straight V recovery so I feel like at 400 it could have its pullback which is okay it's just cooling off every stock pulls back that's a healthy move so I can see it hitting 400 and then coming back and then finding support higher than 324 and that would be a healthy move maybe 375 somewhere around there and then going higher if the markets turn bad it could just fail at the 400 level and continue down to hopefully finding that support at 324 scenario 3 final scenario markets are bad markets are red there's no rally second wave that aronia at all it's all bad it could just simply just pull back and hopefully test that 324 if Feb 3 2014 2 23 3 22 but if it cracks below that aggressively it's gonna be bad for Apple and bad for all the other stocks I can only see this happening if we hundred percent get a second wave can a hundred percent the economy closes again so I wanted to give a price prediction every video I've given a price prediction I want to give a price prediction for the year 2022 but what I did was I tallied up how much percent the start moved each year so for example in the year 2016 and move 25% 2017 60% 2018 negative 20% 2019 120% and so far this year it has moved 12% over all Apple just continually aggressively trends upwards over time so if I'm gonna make a prediction I'm gonna predict a $500 price target in the year 2022 now it's gonna be cool to look back on this and be like I nailed it again maybe it's at 600 but I'm gonna be actually conservative saying 500 and you might be thinking that's a ridiculous number but it's actually not if you if you run the numbers that's only forty percent from where it's at today that's it from my price target that's my technical analysis on Apple like I said if you believe in the company you own the products that's the best way to invest this MacBook this little Macke Mac that I'm editing on and I'm doing these videos on him but not this is a 2012 MacBook Pro this is old this is real old but this thing still works it works phenomenal I mean yeah it gets scorching hot and sometimes I gotta put it in the freezer but this thing's 8 years old if you're new to investing it's really easy to start trading as you can see here on my Robin Hood you simply search fine Apple and then you could buy it if that's what you want to do or any other stock I have a link in the description with a link to my referral for Robin Hood you'll get a free stock if you sign up and I'll get one as well check that out if you are interested in this and you're new click the link e and you're on your way to buy an apple or any other company subscribe to the channel if you're new I do technical analysis on stocks not just Apple all different companies also do skits some companies go into the business having fun my main mission for this channel is to help all the viewers retire yo [Music]