Oh damn he was talking about AXP
I had the exchange in my head and was wondering which company he had in mind. Y'all gotta use the tickers when you can, just makes it easier to look up charts and what not.
Buffett is long a ton of AXP I believe but he's got a great average and does a lot of protection strategies to get through hiccups.
AXP, it's below value on all time frames. Bottom of value for the month was 80.59, for the year 85.88. Loses 77, could see 73. Gets back over 80.59 and holds, 81.13, 82.22 and 84.31 could be possible, but it'll probably find resistance at the bottom of value for the year. It's tough to gauge these falling knives, you gotta be really nimble. Either start in small or just wait for it to change trend and a dip with a higher low to add in on. I personally would rather just grab some V and take advantage of that split if I wanted credit card exposure. Pull back to 263.49 would be a decent entry.
Regarding AAPL, I read something that seems like they're working on a minivan of sorts? Idk, watch them buy TSLA in the future. The watch I really don't know how to gauge. Really need to see it in person and its functionality. I've felt AAPL needs to create some different avenues of profit so I love the idea of them trying something completely new. Maybe they'll be looking to tie in solar to this car
with that FSLR deal as a precursor...