Apple stock has maintained a bull trend for the whole of 2021. The momentum of the bullish trend accelerated after the company confirmed that it is pushing to accelerate its electric vehicle program.
Apple intends to take advantage of the booming electric vehicle (EV) market that is currently dominated by Tesla.
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To help stock traders eying the Apple stock, Invezz has created a brief article on the best places to buy it.
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Apple stock is the stock of Apple Inc. and it trades on NASDAQ under the symbol NASDAQ: AAPL.
Apple Inc. is a multinational technology company based in the USA. It specializes in consumer electronics, online services, and computer software.
Apple is the largest information technology company by revenue. It is also valued as the world’s most valuable company since January 2021.
If you are looking to invest in a stock that is on an exponential rise, then Apple stock is a good choice.
The stock is however currently overbought with an RSI of around 70; meaning it could try to backtrack a little bit before continuing with the bull trend.
Going by the bullish trend that the Apple stock has set, the stock’s price is expected to hit $183 by the end of this month (November 2021).
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