Monday, August 31, 2020

August 31, 2020 - AAPL & TSLA splits

 




Apple & Tesla, along with Gold & Bitcoin, are worth more on paper than their companies - Traditional measure doesn't seem to apply.

Both split this morning and we established a speculative position.

In the 5 Year view (top row), both are "ripping" - AAPL has pocket of structural support volumes (blue) while TSLA does not.   This means TSLA can fall harder than AAPL.

In the 1 Year view (middle row), structural support volumes (blue) appear for both.   Will be good to see these areas beef themselves up. 

AAPL - Pay's dividends (reinvesting) and Tesla does not.









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