22 October 2016
Finally, Samsung has agreed to recall the 2.5 million Galaxy Note 7 after number of reports. However, Galaxy Note 7 is not the first phone to catch fire. Since 2004, there is report on phone battery explosions. In 2009, Nokia recalled 46 million phone batteries.
Read story here, Note 7’s Death Leaves Samsung’s Brand at Risk by Bloomberg, story Here’s why Samsung Note 7 phones are catching fire by cnet.com.
Batteries Batteries Batteries, Can this help in Apple iPhone sales? Other than the sales report, let have a look at the stock price performance.
AAPL Apple Inc Daily and MACD
Price struggle to stay bullish, if you look from a Technical Analysis point of view. Be aware. Let look at the chart from a different angle.
October 21, 2016 Apple Inc Daily and MACD
Apple Inc AAPL Daily and Wave
The wave is pointing between two and four o’clock. Price action will soon into ranging. True or true? Will see.
21 October 2016 Apple Inc Daily and Wave
Have fun in reading the post here!
Moses US Stock Desk
AmiBrokerAcademy.com
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