$Apple(AAPL.US) received a little commentator badge from Longbridge today, so I'll just say a few words hhh. Currently, Apple's stock price is in an awkward position, with limited upside for both bulls and bears, and the Nasdaq index itself is in a high-range oscillation.
The main reason for Apple's last rally was its low valuation, coupled with absorbing the homeless funds flowing out of Nvidia, which contributed to the previous uptrend. Now it's better to stay in cash and wait for the upcoming iPhone SE launch event.
Apple will most likely use the event as a catalyst to readjust its stock price. Choosing long or short positions based on the adjusted price level might present a greater opportunity.
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