Wednesday, November 22, 2017

Who gets there first? AAPL or BZUN?

AAPL is just below $175 right now. It's in the beginning stages of it's current super cycle.

BZUN just tanked after ER despite the fact that earnings was not a miss. It's trading around $29.50 right now.

So, who gets there first? AAPL at $180 or BZUN at $35? Why and when?

IMO, unless something spectacular happens this upcoming weekend, I see AAPL trading between $170 and $175 before the Christmas holiday. I don't believe $180 is likely until the first few trading days after Christmas.

BZUN is volatile to say the least. That being said, it's performance could mimic that of the period after the last ER and we could see new ATH by year end. This past Chinese Singles Day is a plus for the stock and so are the upcoming holidays. That being said, I believe a new ATH is possible followed by a pullback before, finally, a positive response from an ER beat.

What are your thoughts?



Submitted November 23, 2017 at 12:32AM by zenitron http://ift.tt/2mUW2O1

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