Apple - page 5

Sergey Golubev
Sergey Golubev  

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Press review

Sergey Golubev, 2021.03.01 07:16

Apple - weekly correction within the primary bullish trend; 119 support is the key for the correction to be continuing (based on the article)

Ichimoku trading system by Metatrader 5

Ichimoku trading system by Metatrader 5

  • "During Apple’s earnings conference call on February 1, 2018, Luca Maestri, the company’s CFO, stated that due to changes in the tax laws, “Tax reform will allow us to pursue a more optimal capital structure for our company. Our current net cash position is $163 billion. And given the increased financial and operational flexibility from the access to our foreign cash, we are targeting to become approximately net cash neutral over time.” In just under three years Apple’s net cash position has essentially been halved while it has bought back 9.4 billion split-adjusted shares or 35% of them. Using the estimates below it should take Apple another three years and $250 billion to get to a neutral cash position."


The chart was made with Ichimoku market condition setup (MT5) from this post (free to download for indicators and template) as well as the following indicators from CodeBase: