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Apple Inc. $AAPL Bouncing off Oversold Could Reach 388 - 400...Lighten Up

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Bouncing off Oversold Could Reach 388 - 400...Lighten Up

The Chaikin Power Gauge RatingTM for Apple Inc. $AAPL is neutral with poor financial metrics, very strong earnings performance, bearish price/volume activity and very positive expert opinions.

AAPL's earnings performance is very strong as a result of high earnings growth over the past 3-5 years.

AAPL's financial metrics are poor due to a high price to book value ratio.

Despite these bullish factors, Chaikin Power Tools has identified a negative trend resulting in a neutral rating.

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