May 27, 2017

What does AAPL's Bearish June Seasonality mean for the stock?

June is coming up so I thought it'd be a good time to look up AAPL's Seasonality

for June and then share the results with you. 

Here's a screenshot I pulled from the WallStreetio Seasonality tool showing how AAPL stacks up in June compared to the rest of the year.

You can see that June is one of the most bearish months of the year for AAPL. 

Why is this?

When looking a little closer into the month of June it turns out that a lot of the selling often happens during the week of Apple's WWDC.

This doesn't mean that AAPL will 100% pull back. It just means that a little caution is okay. 

For the Long Term Bulls: If history repeats there could be a nice buying opportunity in June to prepare for July rally. 

Trade Safe,

Micah