Quant Partner's Daily Insights

Quant Partner's Daily Insights

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Quant Partner's Daily Insights
Quant Partner's Daily Insights
Has Apple Sold Off Enough?

Has Apple Sold Off Enough?

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Geoff Garbacz's avatar
Geoff Garbacz
Sep 08, 2023
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Quant Partner's Daily Insights
Quant Partner's Daily Insights
Has Apple Sold Off Enough?
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Apple (AAPL) has now dropped -11.43% from its peak on July 31 o its low on August 17th. Currently, it closed down -9.62% through yesterday’s close. So is the worst behind us?

First, there are few shorts to support the stock. We note that our tech rank is at 20% which is weak, 100% is the best.

Next, we look at our bias and trigger indicators. First, Apple…

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