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AAPL Earnings Report Gap Fails

Apple Inc (NASDAQ:AAPL)  
MarthaStokesCMT-TechniTrader  
NASDAQ:AAPL   Apple Inc
Candlestick Analysis Chart Patterns Beyond Technical Analysis AAPL apple appleinc earningsreport gap gapfail guidance analysts earningsseason
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candlestick chartpattern beyondta aapl apple appleinc earningsreport gap gapfail guidance analysts earningsseason
Although Apple news claimed that the company “beat expectations,” the stock gapped up and quickly reversed, then moved down further. This is due to their Guidance for the next quarter. Many companies are able to beat the analysts’ estimates, but forecast lower for next earnings season.

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