Technical Analysis shows that Apple has reached bottom & it's going to go up
Apple was not a safe buy the past few months, as it's fundamentally strong but in a downtrend
But now, Apple's stock is starting to form an Inverse Head and Shoulders pattern (a reversal pattern of a downtrend), which means it'll reverse & go upwards
Despite Apple's stock crash, Apple is still US most profitable tech company & is considered undervalued
It's also because Apple only reported earnings of $39.1 billion at the end of the March quarter this year
But Apple has more than $100 billion hidden offshore
They have been avoiding tax legally by doing so & there are concerns about Apple's reputation & future growth
Apple is also 1 of the top dividend stock, giving back money to shareholders, encouraging more people to buy Apple
Overall, we are confident that Apple's stock will go up in the long run
But we'll have to wait & see what happens to Apple & its tax avoidance issue to determine our course of action in the short term, using free Binary Options trading signals for a possible profit of 70%-90% per investment
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