2020 goes strong for American stock market right now. As we all know, Christmas and New Year’s is one of the most important period of time for American conglomerates and companies. People buying presents and creating demand plays a huge role in the performance of the biggest and most important stocks of the world as it usually reflects the demand and the satisfaction of the users with the final product or service of a particular company. And it is for sure the most important season for Apple, as iPhones have become a significant part of the present-giving process.
And it seems that this year Apple are the winners with their stock not only doubling 2019 low, but also surging so much that the company has now done 1/3 of their way towards their next trillion in net-worth. Yes, the stock of Apple has jumped and breached the point of $300 per share and it is totally possible that we are going to see the extension of this trend today even despite all the shakes that American markets may experience because of the American strike in Iran.
Of course AAPL chart is one of the most promising for today, so we have to mind it very carefully and never trade it without trading signals. After all, the higher you climb, the more painful it is going to be to fall down.