Trade talks between China and USA Were very anticipated. Since trade war broke out it was not only Chinese economy that suffered, but American as well. We have seen damage that the lack of understanding has done to economies of both of the countries and we really hope that trade talks that have only started yesterday are going to keep on having the same effect because what we see right now is very interesting and very pleasing.
For example, Apple – its production strength was damaged by trade war with China as a lot of the power of the company lies in Chinese plants. And now when there is hope for the future of trade talks, we can see that Apple traders are ready to give the company much more of the investments if only the company promises to deliver. Today we have all the possibility to see Apple beat a record set by the stock of the company last summer as the shares clearly eye all-time-high – higher than $231 per share. Of course the markets in USA only open in a few hours, and that is exactly when we are going to be able to see the further movements of the shares, but something tells me that it is better to watch out for the growth as we might be on a brink of a great breakout. That is, of course, if trade talks go smoothly.
So, be sure not to miss the breakout with our trading signals.